Guangdong Modern High-tech Fiber Co., Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 99.06 million compared to CNY 81.93 million a year ago. Revenue was CNY 99.06 million compared to CNY 81.93 million a year ago.

Net loss was CNY 9.96 million compared to net income of CNY 9.29 million a year ago. Basic loss per share from continuing operations was CNY 0.1038 compared to basic earnings per share from continuing operations of CNY 0.0968 a year ago.