Xingye Leather Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 275.355 million compared to CNY 130.497 million a year ago. Operating income was CNY 24.582 million compared to operating loss of CNY 4.809 million a year ago. Net income was CNY 19.998 million compared to net loss of CNY 5.085 million a year ago. Basic earnings per share from continuing operations was CNY 0.0685 compared to basic loss per share from continuing operations of CNY 0.0168 a year ago.