Neway Valve (Suzhou) Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 776.166 million compared to CNY 700.859 million a year ago. Operating income was CNY 66.908 million compared to CNY 110.752 million a year ago. Net income was CNY 58.994 million compared to CNY 97.650 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.13 a year ago.