Zhitong Financial APP News, Gudou Holdings (08308) released its results for the three months ended March 31, 2022, with an income of 12.925 million yuan (RMB, the same below), down 35.6 percent from the same period last year; a loss of 13.186 million yuan during the period, an increase of 36.6 percent over the same period last year; and a basic loss of 1.35 cents per share.

During the period, the decrease in turnover was mainly due to a decrease in revenue from the Group's hot spring resort and hotel operations. The group's income from hot spring resorts and hotel operations decreased by about 28.2% to about 12.9 million yuan, mainly due to the increased demand for local cultural tourism affected by COVID-19 and the impact of the epidemic on tourism.