Guangzhou Zhiguang Electric Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 388.22 million compared to CNY 315.31 million a year ago. Revenue was CNY 388.22 million compared to CNY 315.31 million a year ago. Net loss was CNY 209.75 million compared to net income of CNY 1,064 million a year ago. Basic loss per share from continuing operations was CNY 0.2725 compared to basic earnings per share from continuing operations of CNY 1.3821 a year ago. Diluted loss per share from continuing operations was CNY 0.2725 compared to diluted earnings per share from continuing operations of CNY 1.3821 a year ago.