Kangda New Materials (Group) Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 535.61 million compared to CNY 630.94 million a year ago. Net loss was CNY 24.79 million compared to CNY 14.85 million a year ago.

Basic loss per share from continuing operations was CNY 0.083 compared to CNY 0.049 a year ago. Diluted loss per share from continuing operations was CNY 0.083 compared to CNY 0.049 a year ago.