Hangzhou Prevail Optoelectronic Equipment Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 170.573 million compared to CNY 77.406 million a year ago. Operating loss was CNY 1.198 million compared to CNY 4.619 million a year ago. Net loss was CNY 152,693.56 compared to CNY 4.241 million a year ago. Basic loss per share from continuing operations was CNY 0.0022 compared to CNY 0.0618 a year ago.