China Spacesat Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,357.456 million compared to CNY 1,109.940 million a year ago. Operating income was CNY 80.206 million compared to CNY 63.016 million a year ago. Net income was CNY 56.437 million compared to CNY 47.621 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.04 a year ago.