Jiangsu Boamax Technologies Group Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 554.33 million compared to CNY 645.15 million a year ago. Revenue was CNY 580.78 million compared to CNY 684.03 million a year ago.

Net loss was CNY 192.82 million compared to net income of CNY 30.4 million a year ago. Basic loss per share from continuing operations was CNY 0.2678 compared to basic earnings per share from continuing operations of CNY 0.0488 a year ago. Diluted loss per share from continuing operations was CNY 0.2678 compared to diluted earnings per share from continuing operations of CNY 0.0488 a year ago.