HIT Welding Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 339.68 million compared to CNY 336.12 million a year ago. Revenue was CNY 339.68 million compared to CNY 336.12 million a year ago. Net income was CNY 8.54 million compared to CNY 18.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to CNY 0.13 a year ago.