Ningxia Zhongyin Cashmere Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 496.9 million compared to CNY 610.55 million a year ago. Revenue was CNY 499.69 million compared to CNY 628.32 million a year ago.

Net loss was CNY 135.26 million compared to net income of CNY 10.28 million a year ago. Basic loss per share from continuing operations was CNY 0.0317 compared to basic earnings per share from continuing operations of CNY 0.0024 a year ago. Diluted loss per share from continuing operations was CNY 0.0317 compared to diluted earnings per share from continuing operations of CNY 0.0024 a year ago.