Ningbo Dechang Electrical Machinery Made Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 570.16 million compared to CNY 615.79 million a year ago. Revenue was CNY 570.16 million compared to CNY 615.79 million a year ago.

Net income was CNY 60.07 million compared to CNY 58.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.2286 compared to CNY 0.3 a year ago. Diluted earnings per share from continuing operations was CNY 0.2286 compared to CNY 0.3 a year ago.