Jiangxi Haiyuan Composites Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 43 million compared to CNY 64.84 million a year ago. Net loss was CNY 23.28 million compared to CNY 17.23 million a year ago.

Basic loss per share from continuing operations was CNY 0.0895 compared to CNY 0.0663 a year ago. Diluted loss per share from continuing operations was CNY 0.0895 compared to CNY 0.0663 a year ago.