United Faith Auto-Engineering Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 74 million compared to CNY 127.72 million a year ago. Revenue was CNY 74 million compared to CNY 127.72 million a year ago.

Net loss was CNY 7.05 million compared to net income of CNY 17.69 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to basic earnings per share from continuing operations of CNY 0.16 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to diluted earnings per share from continuing operations of CNY 0.16 a year ago.