Qifeng New Material Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 861.91 million compared to CNY 796.1 million a year ago. Revenue was CNY 861.91 million compared to CNY 796.1 million a year ago.

Net income was CNY 51.18 million compared to net loss of CNY 1.83 million a year ago. Basic earnings per share from continuing operations was CNY 0.1. Diluted earnings per share from continuing operations was CNY 0.1.