Xingye Leather Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 259.3 million compared to CNY 275.36 million a year ago. Revenue was CNY 259.3 million compared to CNY 275.36 million a year ago. Net income was CNY 3.89 million compared to CNY 20 million a year ago. Basic earnings per share from continuing operations was CNY 0.0133 compared to CNY 0.0685 a year ago. Diluted earnings per share from continuing operations was CNY 0.0133 compared to CNY 0.0685 a year ago.