Xiamen XGMA Machinery Company Limited reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 782.87 million compared to CNY 935.07 million a year ago. Revenue was CNY 821.23 million compared to CNY 1,007.2 million a year ago.

Net loss was CNY 218.18 million compared to net income of CNY 258.2 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to basic earnings per share from continuing operations of CNY 0.15 a year ago.