DuoLun Technology Corporation Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 162.71 million compared to CNY 232.48 million a year ago. Revenue was CNY 162.71 million compared to CNY 232.48 million a year ago. Net income was CNY 4.22 million compared to CNY 22.28 million a year ago. Basic earnings per share from continuing operations was CNY 0.0068 compared to CNY 0.0357 a year ago. Diluted earnings per share from continuing operations was CNY 0.0068 compared to CNY 0.0357 a year ago.