Zhejiang Fenglong Electric Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 431.53 million compared to CNY 581.46 million a year ago. Revenue was CNY 433.33 million compared to CNY 587.33 million a year ago.

Net loss was CNY 7.04 million compared to net income of CNY 48.59 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.24 a year ago.