Addsino Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 433.05 million compared to CNY 542.47 million a year ago. Revenue was CNY 433.05 million compared to CNY 542.47 million a year ago.

Net loss was CNY 175.2 million compared to CNY 115.25 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.11 compared to CNY 0.07 a year ago.