Ningbo Haitian Precision Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 705.51 million compared to CNY 539.1 million a year ago. Revenue was CNY 705.51 million compared to CNY 539.1 million a year ago. Net income was CNY 110.24 million compared to CNY 62.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.2112 compared to CNY 0.119 a year ago. Diluted earnings per share from continuing operations was CNY 0.2112 compared to CNY 0.119 a year ago.