Qingdao Tianneng Heavy Industries Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 435.21 million compared to CNY 348.04 million a year ago. Revenue was CNY 435.21 million compared to CNY 348.04 million a year ago. Net income was CNY 26.42 million compared to CNY 91.9 million a year ago. Basic earnings per share from continuing operations was CNY 0.033 compared to CNY 0.1356 a year ago. Diluted earnings per share from continuing operations was CNY 0.0329 compared to CNY 0.1344 a year ago.