Dazhong Transportation (Group) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 462.79 million compared to CNY 529.59 million a year ago. Revenue was CNY 509.27 million compared to CNY 570.97 million a year ago. Net loss was CNY 260.18 million compared to net income of CNY 60.63 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.11 compared to diluted earnings per share from continuing operations of CNY 0.03 a year ago.