Zitong Financial App News, China Jindian Group (08281) released its results for the three months ended March 31, 2022, with a turnover of 59.724 million yuan (RMB, the same below), down 12.5% from the same period last year; a net loss of 4.072 million yuan, an increase of 38.3% over the same period last year; and a basic loss of 0.41% per share.
The net loss during the period was mainly due to the disruption of logistics caused by the COVID-19 epidemic, resulting in a shortage of raw materials and weak demand for dealers within the epidemic area.