Advanced Fiber Resources (Zhuhai), Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 140.98 million compared to CNY 145.28 million a year ago. Revenue was CNY 140.98 million compared to CNY 145.28 million a year ago. Net income was CNY 22.95 million compared to CNY 24.82 million a year ago. Basic earnings per share from continuing operations was CNY 0.1382 compared to CNY 0.1515 a year ago. Diluted earnings per share from continuing operations was CNY 0.1382 compared to CNY 0.1511 a year ago.