Shandong Kaisheng New Materials Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 239.94 million compared to CNY 248.03 million a year ago. Revenue was CNY 239.94 million compared to CNY 248.03 million a year ago.

Net income was CNY 25.7 million compared to CNY 50.67 million a year ago. Basic earnings per share from continuing operations was CNY 0.0611 compared to CNY 0.1205 a year ago. Diluted earnings per share from continuing operations was CNY 0.0611 compared to CNY 0.1205 a year ago.