Debao Property Development Limited reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 52.5 million compared to CNY 94.77 million a year ago. Net income was CNY 0.608 million compared to net loss of CNY 9.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.014048 compared to basic loss per share from continuing operations of CNY 0.160784 a year ago.