Jiangsu Huahong Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 1,209.43 million compared to CNY 1,764.1 million a year ago. Net loss was CNY 27.73 million compared to CNY 59.09 million a year ago.

Basic loss per share from continuing operations was CNY 0.0479 compared to CNY 0.1028 a year ago. Diluted loss per share from continuing operations was CNY 0.0479 compared to CNY 0.091 a year ago.