AVIT Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 18.25 million compared to CNY 35.75 million a year ago. Revenue was CNY 18.25 million compared to CNY 35.75 million a year ago.

Net loss was CNY 12.24 million compared to CNY 12.04 million a year ago. Basic loss per share from continuing operations was CNY 0.0284 compared to CNY 0.0283 a year ago. Diluted loss per share from continuing operations was CNY 0.0284 compared to CNY 0.0283 a year ago.