Chengdu Qinchuan IoT Technology Co.Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 101.39 million compared to CNY 50.23 million a year ago. Revenue was CNY 101.39 million compared to CNY 50.23 million a year ago.

Net loss was CNY 6.13 million compared to CNY 14.87 million a year ago. Basic loss per share from continuing operations was CNY 0.037 compared to CNY 0.089 a year ago. Diluted loss per share from continuing operations was CNY 0.037 compared to CNY 0.089 a year ago.