Sifang Technology

Sifang Technology (603339) disclosed its first quarter report for 2024 on April 26. In the first quarter of 2024, the company achieved total operating income of 445 million yuan, a year-on-year decrease of 16.34%; net profit attributable to the parent company was 51.8001 million yuan, a year-on-year decrease of 32.27%; non-net profit after deduction was 50.1954 million yuan, a year-on-year decrease of 32.47%; Net cash flow was -21.6739 million yuan, compared with 55.020 million yuan in the same period last year; during the reporting period, Sifang Technology\’s basic earnings per share was 0.17 yuan, and the weighted average return on net assets was 2.07%.