NET263 Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 220.78 million compared to CNY 223.28 million a year ago. Revenue was CNY 220.78 million compared to CNY 223.28 million a year ago. Net income was CNY 35.88 million compared to net loss of CNY 39.14 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to diluted loss per share from continuing operations of CNY 0.03 a year ago.