Hangzhou MDK Opto Electronics Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 106.35 million compared to CNY 111.52 million a year ago. Revenue was CNY 106.35 million compared to CNY 111.52 million a year ago. Net income was CNY 14.89 million compared to CNY 27.13 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.08 a year ago.