Shanghai Challenge Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 211.194 million compared to CNY 145.449 million a year ago. Operating loss was CNY 1.092 million compared to CNY 2.141 million a year ago. Net loss was CNY 3.864 million compared to CNY 4.315 million a year ago. Basic loss per share from continuing operations was CNY 0.0046 compared to CNY 0.0052 a year ago.