Kunshan Kersen Science & Technology Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 2,566.57 million compared to CNY 3,318.43 million a year ago. Revenue was CNY 2,596.57 million compared to CNY 3,423.66 million a year ago.

Net loss was CNY 281.41 million compared to net income of CNY 86.78 million a year ago. Basic loss per share from continuing operations was CNY 0.51 compared to basic earnings per share from continuing operations of CNY 0.16 a year ago. Diluted loss per share from continuing operations was CNY 0.51 compared to diluted earnings per share from continuing operations of CNY 0.16 a year ago.