Shanghai Hi-Tech Control System Co., Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 477.8 million compared to CNY 609.5 million a year ago. Revenue was CNY 477.8 million compared to CNY 609.5 million a year ago.

Net loss was CNY 12.29 million compared to net income of CNY 20.02 million a year ago. Basic loss per share from continuing operations was CNY 0.0349 compared to basic earnings per share from continuing operations of CNY 0.0569 a year ago. Diluted loss per share from continuing operations was CNY 0.0349 compared to diluted earnings per share from continuing operations of CNY 0.0569 a year ago.