Shanghai YongLi Belting Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 449 million compared to CNY 821.03 million a year ago. Revenue was CNY 449 million compared to CNY 821.03 million a year ago. Net income was CNY 36.69 million compared to CNY 56.35 million a year ago. Basic earnings per share from continuing operations was CNY 0.0449 compared to CNY 0.069 a year ago. Diluted earnings per share from continuing operations was CNY 0.0449 compared to CNY 0.069 a year ago.