Lingda Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 28.4 million compared to CNY 217.01 million a year ago. Revenue was CNY 28.4 million compared to CNY 217.01 million a year ago.

Net loss was CNY 42.86 million compared to CNY 6.75 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.16 compared to CNY 0.03 a year ago.