Tibet Development Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 95.713 million compared to CNY 46.478 million a year ago. Operating income was CNY 5.350 million compared to operating loss of CNY 18.424 million a year ago. Net loss was CNY 6.210 million compared to CNY 22.906 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.09 a year ago.