Zhejiang Zhongke Magnetic Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 114.02 million compared to CNY 113.64 million a year ago. Revenue was CNY 114.02 million compared to CNY 113.64 million a year ago.

Net income was CNY 4.04 million compared to CNY 13.1 million a year ago. Basic earnings per share from continuing operations was CNY 0.0457 compared to CNY 0.1479 a year ago. Diluted earnings per share from continuing operations was CNY 0.0457 compared to CNY 0.1479 a year ago.