Kingnet Network Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 447.916 million compared to CNY 423.036 million a year ago. Operating income was CNY 203.886 million compared to CNY 67.695 million a year ago. Net income was CNY 148.980 million compared to CNY 29.740 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.01 a year ago.