Shanghai W-Ibeda High Tech.Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 50.1 million compared to CNY 28.56 million a year ago. Revenue was CNY 50.1 million compared to CNY 28.56 million a year ago. Net loss was CNY 3.65 million compared to CNY 3.51 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.05 compared to CNY 0.06 a year ago.