Neway Valve (Suzhou) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 931.74 million compared to CNY 776.17 million a year ago. Revenue was CNY 931.74 million compared to CNY 776.17 million a year ago. Net income was CNY 68.16 million compared to CNY 58.99 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.08 a year ago.