Halo Microelectronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 122.91 million compared to CNY 40.17 million a year ago. Revenue was CNY 122.91 million compared to CNY 40.17 million a year ago.

Net loss was CNY 48.89 million compared to net income of CNY 53.67 million a year ago. Basic loss per share from continuing operations was CNY 0.119 compared to basic earnings per share from continuing operations of CNY 0.132 a year ago. Diluted loss per share from continuing operations was CNY 0.119 compared to diluted earnings per share from continuing operations of CNY 0.125 a year ago.