Jinlong Machinery & Electronic Co.,Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 277.63 million compared to CNY 870.67 million a year ago. Net loss was CNY 8.88 million compared to net income of CNY 24.1 million a year ago.

Basic loss per share from continuing operations was CNY 0.0111 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.0111 compared to diluted earnings per share from continuing operations of CNY 0.03 a year ago.