Tsingtao Brewery Company Limited announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 8,927.731 million compared to CNY 6,292.946 million a year ago. Operating income was CNY 1,397.926 million compared to CNY 765.773 million a year ago. Net income was CNY 1,022.011 million compared to CNY 537.178 million a year ago. Basic earnings per share from continuing operations was CNY 0.756 compared to CNY 0.398 a year ago. Diluted earnings per share from continuing operations was CNY 0.754 compared to CNY 0.398 a year ago.