Hubei Guochuang Hi-tech Material Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 405.13 million compared to CNY 940.97 million a year ago. Revenue was CNY 405.13 million compared to CNY 940.97 million a year ago. Net loss was CNY 108.14 million compared to CNY 91.46 million a year ago. Basic loss per share from continuing operations was CNY 0.118 compared to CNY 0.0998 a year ago. Diluted loss per share from continuing operations was CNY 0.118 compared to CNY 0.0998 a year ago.