Shanxi Huayang New Material Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 41.84 million compared to CNY 87.07 million a year ago. Revenue was CNY 41.84 million compared to CNY 87.07 million a year ago.

Net loss was CNY 25.87 million compared to CNY 28.63 million a year ago. Basic loss per share from continuing operations was CNY 0.0503 compared to CNY 0.0557 a year ago. Diluted loss per share from continuing operations was CNY 0.0503 compared to CNY 0.0557 a year ago.