Qingdao Victall Railway Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 99.635 million compared to CNY 255.809 million a year ago. Operating loss was CNY 67.322 million compared to operating Income of CNY 11.732 million a year ago. Net loss was CNY 67.090 million compared to net income of CNY 10.401 million a year ago. Basic loss per share from continuing operations was CNY 0.22 compared to basic earnings per share from continuing operations of CNY 0.05 a year ago.