Qingdao Weflo Valve Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 99.46 million compared to CNY 119.42 million a year ago. Net income was CNY 21.95 million compared to CNY 31.25 million a year ago.

Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.14 a year ago.