Qibu Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 68.17 million compared to CNY 317.53 million a year ago. Revenue was CNY 68.17 million compared to CNY 317.53 million a year ago. Net loss was CNY 63.78 million compared to net income of CNY 16.65 million a year ago. Basic loss per share from continuing operations was CNY 0.1286 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.1286 compared to diluted earnings per share from continuing operations of CNY 0.03 a year ago.