Sangfor Technologies Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,143.99 million compared to CNY 1,092 million a year ago. Revenue was CNY 1,143.99 million compared to CNY 1,092 million a year ago. Net loss was CNY 517.75 million compared to CNY 96.08 million a year ago. Basic loss per share from continuing operations was CNY 1.25 compared to CNY 0.23 a year ago. Diluted loss per share from continuing operations was CNY 1.25 compared to CNY 0.23 a year ago.