Zhejiang Founder Motor Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 486.05 million compared to CNY 445.48 million a year ago. Net loss was CNY 8.34 million compared to net income of CNY 8.17 million a year ago.

Basic loss per share from continuing operations was CNY 0.0168 compared to basic earnings per share from continuing operations of CNY 0.0164 a year ago. Diluted loss per share from continuing operations was CNY 0.0168 compared to diluted earnings per share from continuing operations of CNY 0.0164 a year ago.