Shanghai Challenge Textile Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 988.24 million compared to CNY 1,365.17 million a year ago. Net income was CNY 51.46 million compared to CNY 93.16 million a year ago.

Basic earnings per share from continuing operations was CNY 0.0619 compared to CNY 0.112 a year ago. Diluted earnings per share from continuing operations was CNY 0.0619 compared to CNY 0.112 a year ago.