XGD Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 782.67 million compared to CNY 1,013.07 million a year ago. Revenue was CNY 782.67 million compared to CNY 1,013.07 million a year ago.

Net income was CNY 220.77 million compared to CNY 132.67 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.26 a year ago. Diluted earnings per share from continuing operations was CNY 0.39 compared to CNY 0.26 a year ago.