Hunan Friendship&Apollo Commercial Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 646.18 million compared to CNY 670.29 million a year ago. Revenue was CNY 653.44 million compared to CNY 673.99 million a year ago. Net income was CNY 60.04 million compared to CNY 112.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.0431 compared to CNY 0.0807 a year ago. Diluted earnings per share from continuing operations was CNY 0.0431 compared to CNY 0.0807 a year ago.