Baota Industry Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 153.728 million compared to CNY 222.660 million a year ago. Operating loss was CNY 71.923 million compared to CNY 95.701 million a year ago. Net loss was CNY 48.697 million compared to CNY 86.811 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to CNY 0.09 a year ago.