Guangdong Modern High-tech Fiber Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 96.26 million compared to CNY 91.02 million a year ago. Revenue was CNY 96.26 million compared to CNY 91.02 million a year ago. Net income was CNY 15.19 million compared to CNY 27.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.1582 compared to CNY 0.2838 a year ago. Diluted earnings per share from continuing operations was CNY 0.1582 compared to CNY 0.2838 a year ago.