Debao Property Development Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 16.92 million compared to CNY 23.55 million a year ago. Net loss was CNY 23.68 million compared to CNY 22.72 million a year ago.

Basic loss per share from continuing operations was CNY 0.063 compared to CNY 0.062 a year ago.