Spearhead Integrated Marketing Communication Group announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 234.199 million compared to CNY 176.981 million a year ago. Operating loss was CNY 27.674 million compared to CNY 64.981 million a year ago. Net loss was CNY 25.876 million compared to CNY 54.785 million a year ago. Basic loss per share from continuing operations was CNY 0.0385 compared to CNY 0.08 a year ago.