Piotech Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 471.79 million compared to CNY 402.38 million a year ago. Revenue was CNY 471.79 million compared to CNY 402.38 million a year ago.

Net income was CNY 10.47 million compared to CNY 53.72 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.29 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.29 a year ago.