Jiangsu Tongguang Electronic Wire & Cable Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 455.38 million compared to CNY 617.69 million a year ago. Revenue was CNY 455.38 million compared to CNY 617.69 million a year ago.

Net income was CNY 11.05 million compared to CNY 35.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.07 a year ago.