Shanghai Aerospace Automobile Electromechanical Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,301.089 million compared to CNY 1,347.527 million a year ago. Operating loss was CNY 20.529 million compared to CNY 103.174 million a year ago. Net loss was CNY 14.902 million compared to CNY 87.544 million a year ago. Basic loss per share from continuing operations was CNY 0.0104 compared to CNY 0.061 a year ago.