Dongguan Chitwing Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 258.74 million compared to CNY 453.82 million a year ago. Revenue was CNY 258.74 million compared to CNY 453.82 million a year ago.

Net loss was CNY 50.28 million compared to CNY 30.68 million a year ago. Basic loss per share from continuing operations was CNY 0.204 compared to CNY 0.12 a year ago. Diluted loss per share from continuing operations was CNY 0.204 compared to CNY 0.12 a year ago.