Koal Software Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 73.131 million compared to CNY 50.167 million a year ago. Operating loss was CNY 22.590 million compared to CNY 28.164 million a year ago. Net loss was CNY 23.902 million compared to CNY 27.135 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to CNY 0.14 a year ago.