Shanghai Shibei Hi-Tech Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 1,019.18 million compared to CNY 1,253.29 million a year ago. Revenue was CNY 1,021.76 million compared to CNY 1,262.96 million a year ago.

Net loss was CNY 177.74 million compared to net income of CNY 78.31 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to basic earnings per share from continuing operations of CNY 0.04 a year ago. Diluted loss per share from continuing operations was CNY 0.09 compared to diluted earnings per share from continuing operations of CNY 0.04 a year ago.