Suzhou Hailu Heavy Industry Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 436.28 million compared to CNY 352.93 million a year ago. Revenue was CNY 436.28 million compared to CNY 352.93 million a year ago. Net loss was CNY 22.61 million compared to net income of CNY 75.22 million a year ago. Basic loss per share from continuing operations was CNY 0.0268 compared to basic earnings per share from continuing operations of CNY 0.0893 a year ago. Diluted loss per share from continuing operations was CNY 0.0268 compared to diluted earnings per share from continuing operations of CNY 0.0893 a year ago.