Huawen Media Group reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 214.1 million compared to CNY 282 million a year ago. Revenue was CNY 214.1 million compared to CNY 282 million a year ago. Net loss was CNY 48.7 million compared to CNY 63.97 million a year ago. Basic loss per share from continuing operations was CNY 0.0244 compared to CNY 0.032 a year ago. Diluted loss per share from continuing operations was CNY 0.0244 compared to CNY 0.032 a year ago.