Kailong High Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 174.76 million compared to CNY 316.6 million a year ago. Net loss was CNY 32.25 million compared to net income of CNY 0.156915 million a year ago.

Basic loss per share from continuing operations was CNY 0.28. Diluted loss per share from continuing operations was CNY 0.28.