Chongyi Zhangyuan Tungsten Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 575.834 million compared to CNY 347.393 million a year ago. Operating income was CNY 6.500 million compared to operating loss of CNY 49.180 million a year ago. Net income was CNY 6.725 million compared to net loss of CNY 48.892 million a year ago. Basic earnings per share from continuing operations was CNY 0.0073 compared to basic loss per share from continuing operations of CNY 0.05 a year ago.