Jiangyin Electrical Alloy Co.,Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 550.37 million compared to CNY 575.25 million a year ago. Revenue was CNY 550.37 million compared to CNY 575.25 million a year ago.

Net income was CNY 36.96 million compared to CNY 48.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.111 compared to CNY 0.147 a year ago. Diluted earnings per share from continuing operations was CNY 0.111 compared to CNY 0.147 a year ago.