Zhejiang Yangfan 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 132.89 million compared to CNY 158.16 million a year ago. Revenue was CNY 132.89 million compared to CNY 158.16 million a year ago.

Net loss was CNY 13.43 million compared to CNY 15.04 million a year ago. Basic loss per share from continuing operations was CNY 0.0572 compared to CNY 0.0641 a year ago. Diluted loss per share from continuing operations was CNY 0.0572 compared to CNY 0.0641 a year ago.