Xiangtan Electric Manufacturing Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,165.255 million compared to CNY 851.198 million a year ago. Operating income was CNY 56.320 million compared to operating loss of CNY 44.905 million a year ago. Net income was CNY 30.407 million compared to net loss of CNY 71.925 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.08 a year ago.