Shenzhen Laibao Hi-Tech Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,900.309 million compared to CNY 1,092.557 million a year ago. Operating income was CNY 182.628 million compared to CNY 79.812 million a year ago. Net income was CNY 160.662 million compared to CNY 67.016 million a year ago. Basic earnings per share from continuing operations was CNY 0.2276 compared to CNY 0.0949 a year ago.