Tongwei Co.,Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 19,570.42 million compared to CNY 33,244.59 million a year ago. Revenue was CNY 19,570.42 million compared to CNY 33,244.59 million a year ago.

Net loss was CNY 786.74 million compared to net income of CNY 8,601.46 million a year ago. Basic loss per share from continuing operations was CNY 0.1748 compared to basic earnings per share from continuing operations of CNY 1.9108 a year ago.