Vantone Neo Development Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 76.24 million compared to CNY 126.9 million a year ago. Revenue was CNY 76.24 million compared to CNY 126.9 million a year ago.

Net loss was CNY 63.84 million compared to CNY 27.2 million a year ago. Basic loss per share from continuing operations was CNY 0.0341 compared to CNY 0.0145 a year ago.