Ningbo Xusheng Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 991.77 million compared to CNY 505.12 million a year ago. Revenue was CNY 991.77 million compared to CNY 505.12 million a year ago.

Net income was CNY 119.93 million compared to CNY 89.69 million a year ago. Basic earnings per share from continuing operations was CNY 0.1378 compared to CNY 0.102 a year ago. Diluted earnings per share from continuing operations was CNY 0.1378 compared to CNY 0.102 a year ago.