Angel Yeast Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 2,050.353 million compared to CNY 1,819.648 million a year ago. Operating income was CNY 382.178 million compared to CNY 287.204 million a year ago. Net income was CNY 303.314 million compared to CNY 236.969 million a year ago. Basic earnings per share from continuing operations was CNY 0.3681 compared to CNY 0.2876 a year ago.