Funeng Oriental Equipment Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 198.81 million compared to CNY 284.74 million a year ago. Revenue was CNY 198.81 million compared to CNY 284.74 million a year ago.

Net income was CNY 44.64 million compared to CNY 6.92 million a year ago. Basic earnings per share from continuing operations was CNY 0.0608 compared to CNY 0.0094 a year ago. Diluted earnings per share from continuing operations was CNY 0.0608 compared to CNY 0.0094 a year ago.