Shanghai Shibei Hi-Tech Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 220.96 million compared to CNY 245.47 million a year ago. Net loss was CNY 63.06 million compared to CNY 39.78 million a year ago.

Basic loss per share from continuing operations was CNY 0.0337 compared to CNY 0.0212 a year ago. Diluted loss per share from continuing operations was CNY 0.0337 compared to CNY 0.0212 a year ago.