CIG ShangHai Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 849.53 million compared to CNY 1,074.14 million a year ago. Net income was CNY 25.95 million compared to CNY 71.47 million a year ago.

Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.27 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.27 a year ago.