Semitronix Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 43.9 million compared to CNY 21.88 million a year ago. Revenue was CNY 43.9 million compared to CNY 21.88 million a year ago.

Net loss was CNY 22.9 million compared to net income of CNY 4.03 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.13 compared to diluted earnings per share from continuing operations of CNY 0.02 a year ago.