Shenzhen Silver Basis Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 531.21 million compared to CNY 603.44 million a year ago. Net loss was CNY 28.3 million compared to CNY 50.17 million a year ago.

Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.1 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to CNY 0.1 a year ago.