Shanghai Moons' Electric Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 608.47 million compared to CNY 649.63 million a year ago. Revenue was CNY 608.47 million compared to CNY 649.63 million a year ago.

Net income was CNY 6.49 million compared to CNY 32.49 million a year ago. Basic earnings per share from continuing operations was CNY 0.0154 compared to CNY 0.0778 a year ago. Diluted earnings per share from continuing operations was CNY 0.0154 compared to CNY 0.077 a year ago.