Xinhu Zhongbao Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 2,243.24 million compared to CNY 315.84 million a year ago. Revenue was CNY 2,243.24 million compared to CNY 315.84 million a year ago.

Net income was CNY 371.88 million compared to CNY 707.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.044 compared to CNY 0.084 a year ago. Diluted earnings per share from continuing operations was CNY 0.044 compared to CNY 0.084 a year ago.