XDC Industries (Shenzhen) Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 40.06 million compared to CNY 194.08 million a year ago. Revenue was CNY 40.06 million compared to CNY 194.08 million a year ago.

Net loss was CNY 8.42 million compared to net income of CNY 23.74 million a year ago. Basic loss per share from continuing operations was CNY 0.0439 compared to basic earnings per share from continuing operations of CNY 0.125 a year ago. Diluted loss per share from continuing operations was CNY 0.0439 compared to diluted earnings per share from continuing operations of CNY 0.125 a year ago.