Hydraulic Elements and Systems AD reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was BGN 0.689 million compared to BGN 0.303 million a year ago. Revenue was BGN 24.12 million compared to BGN 16.6 million a year ago. Net income was BGN 2.73 million compared to BGN 1.84 million a year ago.