IAT Automobile Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 211.52 million compared to CNY 201.61 million a year ago. Revenue was CNY 211.52 million compared to CNY 201.61 million a year ago. Net income was CNY 25.98 million compared to CNY 40.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.0522 compared to CNY 0.0877 a year ago. Diluted earnings per share from continuing operations was CNY 0.0521 compared to CNY 0.0872 a year ago.