Shaanxi Aerospace Power Hi-Tech Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 235.39 million compared to CNY 204.57 million a year ago. Revenue was CNY 235.39 million compared to CNY 204.57 million a year ago. Net loss was CNY 11.11 million compared to CNY 8.91 million a year ago. Basic loss per share from continuing operations was CNY 0.0174 compared to CNY 0.014 a year ago. Diluted loss per share from continuing operations was CNY 0.0174 compared to CNY 0.014 a year ago.