Chongqing Sifang New Material Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 307.51 million compared to CNY 222.45 million a year ago. Revenue was CNY 307.51 million compared to CNY 222.45 million a year ago. Net income was CNY 31.05 million compared to CNY 40.27 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.28 a year ago. Diluted earnings per share from continuing operations was CNY 0.18 compared to CNY 0.28 a year ago.