Qingdao Gaoce Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 1,420 million compared to CNY 1,259.33 million a year ago. Net income was CNY 211.65 million compared to CNY 334.44 million a year ago.

Basic earnings per share from continuing operations was CNY 0.3875 compared to CNY 0.6563 a year ago. Diluted earnings per share from continuing operations was CNY 0.3875 compared to CNY 0.6438 a year ago.