Red phase INC. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 316.13 million compared to CNY 274.58 million a year ago. Revenue was CNY 316.13 million compared to CNY 274.58 million a year ago. Net income was CNY 25.43 million compared to CNY 28.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.0706 compared to CNY 0.0799 a year ago. Diluted earnings per share from continuing operations was CNY 0.0706 compared to CNY 0.0799 a year ago.