Tianjin Tianbao Infrastructure Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 50.085 million compared to CNY 377.881 million a year ago. Operating loss was CNY 51.060 million compared to operating Income of CNY 131.978 million a year ago. Net loss was CNY 49.840 million compared to net income of CNY 91.069 million a year ago. Basic loss per share from continuing operations was CNY 0.0449 compared to basic earnings per share from continuing operations of CNY 0.0821 a year ago.