Hailun Piano Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 46.23 million compared to CNY 75.63 million a year ago. Revenue was CNY 46.23 million compared to CNY 75.63 million a year ago.

Net loss was CNY 3.8 million compared to net income of CNY 3.45 million a year ago. Basic loss per share from continuing operations was CNY 0.015 compared to basic earnings per share from continuing operations of CNY 0.0137 a year ago. Diluted loss per share from continuing operations was CNY 0.015 compared to diluted earnings per share from continuing operations of CNY 0.0137 a year ago.