Hainan Haiyao Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 553.63 million compared to CNY 545.26 million a year ago. Revenue was CNY 553.63 million compared to CNY 545.26 million a year ago. Net loss was CNY 17.66 million compared to CNY 151.13 million a year ago. Basic loss per share from continuing operations was CNY 0.0136 compared to CNY 0.1165 a year ago. Diluted loss per share from continuing operations was CNY 0.0136 compared to CNY 0.1165 a year ago.