Hailun Piano Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 297.46 million compared to CNY 379.2 million a year ago. Net loss was CNY 78.85 million compared to net income of CNY 8.32 million a year ago.

Basic loss per share from continuing operations was CNY 0.31 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.31 compared to diluted earnings per share from continuing operations of CNY 0.03 a year ago.