GEPIC Energy Development Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 504.53 million compared to CNY 355.99 million a year ago. Revenue was CNY 504.53 million compared to CNY 355.99 million a year ago.

Net income was CNY 51.5 million compared to net loss of CNY 42.56 million a year ago. Basic earnings per share from continuing operations was CNY 0.0322 compared to basic loss per share from continuing operations of CNY 0.0266 a year ago. Diluted earnings per share from continuing operations was CNY 0.0322 compared to diluted loss per share from continuing operations of CNY 0.0266 a year ago.