XinJiang GuoTong Pipeline CO.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 21.75 million compared to CNY 32.91 million a year ago. Revenue was CNY 21.75 million compared to CNY 32.91 million a year ago. Net loss was CNY 38.49 million compared to CNY 30.32 million a year ago. Basic loss per share from continuing operations was CNY 0.2071 compared to CNY 0.1632 a year ago. Diluted loss per share from continuing operations was CNY 0.2071 compared to CNY 0.1632 a year ago.