Beijing Watertek Information Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 498.97 million compared to CNY 583.37 million a year ago. Revenue was CNY 498.97 million compared to CNY 583.37 million a year ago. Net loss was CNY 43.17 million compared to CNY 47.82 million a year ago. Basic loss per share from continuing operations was CNY 0.025 compared to CNY 0.0277 a year ago. Diluted loss per share from continuing operations was CNY 0.025 compared to CNY 0.0277 a year ago.