Zhejiang Zhaofeng Mechanical and Electronic Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 134.035 million compared to CNY 123.491 million a year ago. Operating income was CNY 40.169 million compared to CNY 51.605 million a year ago. Net income was CNY 35.348 million compared to CNY 41.971 million a year ago. Basic earnings per share from continuing operations was CNY 0.53 compared to CNY 0.63 a year ago.