Mubang High-Tech Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 1,654.03 million compared to CNY 944.32 million a year ago. Net income was CNY 28.29 million compared to net loss of CNY 228.76 million a year ago.

Basic earnings per share from continuing operations was CNY 0.08 compared to basic loss per share from continuing operations of CNY 0.67 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to diluted loss per share from continuing operations of CNY 0.67 a year ago.