Sinosteel New Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 608.07 million compared to CNY 606.51 million a year ago. Revenue was CNY 608.07 million compared to CNY 606.51 million a year ago.

Net income was CNY 51.17 million compared to CNY 56.14 million a year ago. Basic earnings per share from continuing operations was CNY 0.0674 compared to CNY 0.074 a year ago. Diluted earnings per share from continuing operations was CNY 0.0674 compared to CNY 0.074 a year ago.