Tahoe Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 396.778 million compared to CNY 479.504 million a year ago. Operating loss was CNY 407.786 million compared to CNY 650.116 million a year ago. Net loss was CNY 354.668 million compared to CNY 563.905 million a year ago. Basic loss per share from continuing operations was CNY 0.1425 compared to CNY 0.2266 a year ago.