Shanghai Bailian (Group) Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 29,643.19 million compared to CNY 31,428.02 million a year ago. Revenue was CNY 30,518.95 million compared to CNY 32,285.54 million a year ago.

Net income was CNY 399.11 million compared to CNY 674.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.38 a year ago. Diluted earnings per share from continuing operations was CNY 0.22 compared to CNY 0.38 a year ago.