Changqing Machinery Company Limited reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 735.86 million compared to CNY 779.57 million a year ago. Revenue was CNY 735.86 million compared to CNY 779.57 million a year ago. Net income was CNY 8.79 million compared to CNY 34.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.17 a year ago.