Lao Feng Xiang Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 18,441.6 million compared to CNY 17,197.94 million a year ago. Revenue was CNY 18,441.6 million compared to CNY 17,197.94 million a year ago. Net income was CNY 406.57 million compared to CNY 648.47 million a year ago. Basic earnings per share from continuing operations was CNY 0.7772 compared to CNY 1.2396 a year ago. Diluted earnings per share from continuing operations was CNY 0.7772 compared to CNY 1.2396 a year ago.