Haibo Heavy Engineering Science and Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 140.06 million compared to CNY 415.83 million a year ago. Revenue was CNY 140.06 million compared to CNY 415.83 million a year ago. Net income was CNY 30.17 million compared to CNY 38.96 million a year ago. Basic earnings per share from continuing operations was CNY 0.157 compared to CNY 0.203 a year ago. Diluted earnings per share from continuing operations was CNY 0.157 compared to CNY 0.203 a year ago.