According to Zhitong Finance App, Taihua New Materials (603055.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 1,472 billion yuan, an increase of 51.72%; net profit attributable to shareholders of listed companies was 150 million yuan, an increase of 101.13% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 135 million yuan, an increase of 377.67% year on year; basic earnings per share were 0.17 yuan.