Hubei Xiangyuan New Material Technology Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 383.68 million compared to CNY 373.64 million a year ago. Net income was CNY 41.02 million compared to CNY 56.67 million a year ago.

Basic earnings per share from continuing operations was CNY 0.38 compared to CNY 0.53 a year ago. Diluted earnings per share from continuing operations was CNY 0.38 compared to CNY 0.53 a year ago.