Wuxi Paike New Materials Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 749.45 million compared to CNY 943.39 million a year ago. Revenue was CNY 749.45 million compared to CNY 943.39 million a year ago.

Net income was CNY 72.59 million compared to CNY 143.36 million a year ago. Basic earnings per share from continuing operations was CNY 0.5991 compared to CNY 1.1832 a year ago. Diluted earnings per share from continuing operations was CNY 0.5991 compared to CNY 1.1832 a year ago.