Jiangsu Phoenix Property Investment Company Limited announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 314.852 million compared to CNY 49.543 million a year ago. Operating income was CNY 17.091 million compared to operating loss of CNY 34.002 million a year ago. Net income was CNY 22.545 million compared to net loss of CNY 35.325 million a year ago. Basic earnings per share from continuing operations was CNY 0.0241 compared to basic loss per share from continuing operations of CNY 0.0377 a year ago.