Hiecise Precision Equipment Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 86.17 million compared to CNY 125.05 million a year ago. Revenue was CNY 86.17 million compared to CNY 125.05 million a year ago. Net income was CNY 23.79 million compared to CNY 31.72 million a year ago. Basic earnings per share from continuing operations was CNY 0.0938 compared to CNY 0.125 a year ago. Diluted earnings per share from continuing operations was CNY 0.0938 compared to CNY 0.125 a year ago.