Newcapec Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 169.53 million compared to CNY 156.61 million a year ago. Revenue was CNY 169.53 million compared to CNY 156.61 million a year ago. Net loss was CNY 18.03 million compared to CNY 7.56 million a year ago. Basic loss per share from continuing operations was CNY 0.0375 compared to CNY 0.0159 a year ago. Diluted loss per share from continuing operations was CNY 0.0375 compared to CNY 0.0159 a year ago.