Hongda Xingye Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 909.36 million compared to CNY 1,641.57 million a year ago. Revenue was CNY 909.36 million compared to CNY 1,641.57 million a year ago. Net income was CNY 102.47 million compared to CNY 269.42 million a year ago. Basic earnings per share from continuing operations was CNY 0.0327 compared to CNY 0.0987 a year ago. Diluted earnings per share from continuing operations was CNY 0.0318 compared to CNY 0.0878 a year ago.