Cheilbio Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 4,101.09 million compared to KRW 5,273.57 million a year ago. Net loss was KRW 539.25 million compared to net income of KRW 173.12 million a year ago. Basic loss per share from continuing operations was KRW 19 compared to basic earnings per share from continuing operations of KRW 6 a year ago. Basic loss per share was KRW 19 compared to basic earnings per share of KRW 6 a year ago.