Shanghai Shibei Hi-Tech Co.,Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 786.47 million compared to CNY 943.15 million a year ago. Net loss was CNY 58.09 million compared to net income of CNY 3.6 million a year ago.

Basic loss per share from continuing operations was CNY 0.031 compared to basic earnings per share from continuing operations of CNY 0.0019 a year ago. Diluted loss per share from continuing operations was CNY 0.031 compared to diluted earnings per share from continuing operations of CNY 0.0019 a year ago.