Ningxia Zhongyin Cashmere Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 48.92 million compared to CNY 152.45 million a year ago. Net loss was CNY 10.63 million compared to net income of CNY 7.46 million a year ago.

Basic loss per share from continuing operations was CNY 0.0025 compared to basic earnings per share from continuing operations of CNY 0.0018 a year ago. Diluted loss per share from continuing operations was CNY 0.0025 compared to diluted earnings per share from continuing operations of CNY 0.0018 a year ago.