[Foton Motor: first quarter net profit increased 119.89% compared with the same period last year] Foton Motor announced that its operating income in the first quarter was 14.974 billion yuan, an increase of 20.88% over the same period last year; net profit was 298 million yuan, an increase of 119.89% over the same period last year; and basic earnings per share was 0.04 yuan. It was announced on the same day that operating income in 2022 was 46.447 billion yuan, down 15.51 percent from the same period last year; net profit was 65.1091 million yuan, compared with a loss of 5.061 billion yuan in the same period last year; and basic earnings per share was 0.01 yuan.