Ningbo Marine Company Limited reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 466.73 million compared to CNY 505.23 million a year ago. Revenue was CNY 466.73 million compared to CNY 505.23 million a year ago. Net income was CNY 31.7 million compared to CNY 48.2 million a year ago. Basic earnings per share from continuing operations was CNY 0.0263 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.0263 compared to CNY 0.04 a year ago.