Sansteel MinGuang Co.,Ltd.,Fujian reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 12,841.44 million compared to CNY 14,522.71 million a year ago. Revenue was CNY 12,841.44 million compared to CNY 14,522.71 million a year ago. Net income was CNY 532.21 million compared to CNY 923.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.219 compared to CNY 0.38 a year ago. Diluted earnings per share from continuing operations was CNY 0.219 compared to CNY 0.38 a year ago.