Shenzhen Institute of Building Research Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 58.91 million compared to CNY 77.01 million a year ago. Revenue was CNY 58.91 million compared to CNY 77.01 million a year ago. Net loss was CNY 22.44 million compared to CNY 14.63 million a year ago. Basic loss per share from continuing operations was CNY 0.153 compared to CNY 0.0998 a year ago. Diluted loss per share from continuing operations was CNY 0.153 compared to CNY 0.0998 a year ago.