Qingdao Victall Railway Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 75.83 million compared to CNY 99.64 million a year ago. Revenue was CNY 75.83 million compared to CNY 99.64 million a year ago. Net loss was CNY 54.23 million compared to CNY 67.09 million a year ago. Basic loss per share from continuing operations was CNY 0.14 compared to CNY 0.1692 a year ago.