Kangxi Communication Technologies (Shanghai) Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 82.27 million compared to CNY 59.98 million a year ago. Net loss was CNY 24.07 million compared to CNY 11.71 million a year ago.

Basic loss per share from continuing operations was CNY 0.0567 compared to CNY 0.0324 a year ago. Diluted loss per share from continuing operations was CNY 0.0567 compared to CNY 0.0324 a year ago.