Hangzhou Advance Gearbox Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 575.1 million compared to CNY 546.51 million a year ago. Revenue was CNY 575.1 million compared to CNY 546.51 million a year ago. Net income was CNY 49.44 million compared to CNY 51.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.1236 compared to CNY 0.1286 a year ago. Diluted earnings per share from continuing operations was CNY 0.1236 compared to CNY 0.1286 a year ago.