Xinlun New Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 485.85 million compared to CNY 745.31 million a year ago. Revenue was CNY 485.85 million compared to CNY 745.31 million a year ago.

Net loss was CNY 323.15 million compared to CNY 110.07 million a year ago. Basic loss per share from continuing operations was CNY 0.2805 compared to CNY 0.0955 a year ago. Diluted loss per share from continuing operations was CNY 0.2805 compared to CNY 0.0955 a year ago.