Kangde Xin Composite Material Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 0.14568 million compared to CNY 340.91 million a year ago. Revenue was CNY 0.14568 million compared to CNY 340.91 million a year ago. Net loss was CNY 16.03 million compared to CNY 279.27 million a year ago. Basic loss per share from continuing operations was CNY 0.0045 compared to CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.0045 compared to CNY 0.08 a year ago.