Shanghai Guangdian Electric Group Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 727.41 million compared to CNY 952.83 million a year ago. Revenue was CNY 756.83 million compared to CNY 983.81 million a year ago.

Net income was CNY 14.62 million compared to CNY 59.36 million a year ago. Basic earnings per share from continuing operations was CNY 0.0167 compared to CNY 0.0679 a year ago. Diluted earnings per share from continuing operations was CNY 0.0167 compared to CNY 0.0679 a year ago.