Hubei Guochuang Hi-tech Material Co.,Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 80.82 million compared to CNY 227.22 million a year ago. Revenue was CNY 80.82 million compared to CNY 227.22 million a year ago.

Net loss was CNY 5.86 million compared to CNY 36.91 million a year ago. Basic loss per share from continuing operations was CNY 0.0064 compared to CNY 0.0403 a year ago. Diluted loss per share from continuing operations was CNY 0.0064 compared to CNY 0.0403 a year ago.