Luoniushan Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 526.35 million compared to CNY 506.38 million a year ago. Revenue was CNY 527.14 million compared to CNY 508.82 million a year ago. Net loss was CNY 29.26 million compared to net income of CNY 44.81 million a year ago. Basic loss per share from continuing operations was CNY 0.0254 compared to basic earnings per share from continuing operations of CNY 0.0389 a year ago. Diluted loss per share from continuing operations was CNY 0.0254 compared to diluted earnings per share from continuing operations of CNY 0.0389 a year ago.