Wafangdian Bearing Company Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 526.79 million compared to CNY 605.15 million a year ago. Revenue was CNY 526.79 million compared to CNY 605.15 million a year ago.

Net loss was CNY 25.59 million compared to CNY 22.74 million a year ago. Basic loss per share from continuing operations was CNY 0.0636 compared to CNY 0.0565 a year ago. Diluted loss per share from continuing operations was CNY 0.0636 compared to CNY 0.0565 a year ago.