Shenzhen Laibao Hi-Tech Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 1,468.1 million compared to CNY 1,152.92 million a year ago. Net income was CNY 117.41 million compared to CNY 21.42 million a year ago.

Basic earnings per share from continuing operations was CNY 0.1664 compared to CNY 0.0304 a year ago. Diluted earnings per share from continuing operations was CNY 0.1664 compared to CNY 0.0304 a year ago.