Huayi Electric Company Limited reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 60.59 million compared to CNY 52.04 million a year ago. Revenue was CNY 60.59 million compared to CNY 52.04 million a year ago. Net loss was CNY 46.39 million compared to CNY 56.27 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to CNY 0.07 a year ago.