Transwarp Technology (Shanghai) Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 62.73 million compared to CNY 42.97 million a year ago. Revenue was CNY 62.73 million compared to CNY 42.97 million a year ago.

Net loss was CNY 88.67 million compared to CNY 85.45 million a year ago. Basic loss per share from continuing operations was CNY 0.73 compared to CNY 0.71 a year ago. Diluted loss per share from continuing operations was CNY 0.73 compared to CNY 0.71 a year ago.