Arianne Phosphate Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced operating loss was CAD 377,545 compared to CAD 592,688 a year ago. Net loss was CAD 444,629 compared to CAD 631,282 a year ago. Basic loss per share from continuing operations was CAD 0.004 compared to CAD 0.01 a year ago.