Tianjin Guangyu Development Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 3,760.080 million compared to CNY 2,644.223 million a year ago. Operating income was CNY 665.573 million compared to CNY 621.334 million a year ago. Net income was CNY 534.561 million compared to CNY 572.907 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.31 a year ago.