Hangzhou Gaoxin Materials Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 68.92 million compared to CNY 71.54 million a year ago. Revenue was CNY 68.92 million compared to CNY 71.54 million a year ago.

Net loss was CNY 4.08 million compared to CNY 7.11 million a year ago. Basic loss per share from continuing operations was CNY 0.0322 compared to CNY 0.0561 a year ago. Diluted loss per share from continuing operations was CNY 0.0322 compared to CNY 0.0561 a year ago.