Shanxi Huayang New Material Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 246.67 million compared to CNY 307.2 million a year ago. Revenue was CNY 270.55 million compared to CNY 327.91 million a year ago.

Net loss was CNY 199.67 million compared to CNY 36.73 million a year ago. Basic loss per share from continuing operations was CNY 0.3882 compared to CNY 0.0714 a year ago. Diluted loss per share from continuing operations was CNY 0.3882 compared to CNY 0.0714 a year ago.