Foshan Golden Milky Way Intelligent Equipment Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 347.45 million compared to CNY 475.77 million a year ago. Net loss was CNY 14.65 million compared to net income of CNY 21.29 million a year ago.

Basic loss per share from continuing operations was CNY 0.1423 compared to basic earnings per share from continuing operations of CNY 0.2401 a year ago. Diluted loss per share from continuing operations was CNY 0.1422 compared to diluted earnings per share from continuing operations of CNY 0.239 a year ago.