Tianjin Tianbao Infrastructure Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 495.57 million compared to CNY 50.09 million a year ago. Revenue was CNY 495.57 million compared to CNY 50.09 million a year ago. Net income was CNY 32.2 million compared to net loss of CNY 49.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.029 compared to basic loss per share from continuing operations of CNY 0.0449 a year ago. Diluted earnings per share from continuing operations was CNY 0.029 compared to diluted loss per share from continuing operations of CNY 0.0449 a year ago.