Lao Feng Xiang Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 17,197.940 million compared to CNY 14,488.583 million a year ago. Operating income was CNY 1,065.239 million compared to CNY 672.521 million a year ago. Net income was CNY 648.471 million compared to CNY 371.697 million a year ago. Basic earnings per share from continuing operations was CNY 1.2396 compared to CNY 0.7105 a year ago.