Shanghai Lianming Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 233.42 million compared to CNY 258.58 million a year ago. Revenue was CNY 233.42 million compared to CNY 258.58 million a year ago. Net income was CNY 16.23 million compared to CNY 29.64 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.12 a year ago.