Zhejiang Tieliu Clutch Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 517.37 million compared to CNY 423.66 million a year ago. Revenue was CNY 517.37 million compared to CNY 423.66 million a year ago. Net income was CNY 28.16 million compared to CNY 53.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.1231 compared to CNY 0.2538 a year ago. Diluted earnings per share from continuing operations was CNY 0.1231 compared to CNY 0.2538 a year ago.