Hangzhou Steam Turbine Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,181.683 million compared to CNY 697.880 million a year ago. Operating income was CNY 91.064 million compared to operating loss of CNY 20.675 million a year ago. Net income was CNY 161.578 million compared to net loss of CNY 15.519 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to basic loss per share from continuing operations of CNY 0.02 a year ago.