Hebei Hengshui Laobaigan Liquor Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 754.476 million compared to CNY 756.426 million a year ago. Operating income was CNY 70.265 million compared to CNY 83.311 million a year ago. Net income was CNY 56.145 million compared to CNY 65.738 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.07 a year ago.