Daheng New Epoch Technology Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 295.63 million compared to CNY 497.85 million a year ago. Revenue was CNY 295.63 million compared to CNY 497.85 million a year ago.

Net loss was CNY 21.65 million compared to net income of CNY 16.11 million a year ago. Basic loss per share from continuing operations was CNY 0.0496 compared to basic earnings per share from continuing operations of CNY 0.0369 a year ago. Diluted loss per share from continuing operations was CNY 0.0496 compared to diluted earnings per share from continuing operations of CNY 0.0369 a year ago.