China Tungsten and Hightech Materials Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,721.010 million compared to CNY 1,873.351 million a year ago. Operating income was CNY 90.076 million compared to CNY 63.427 million a year ago. Net income was CNY 50.639 million compared to CNY 35.339 million a year ago. Basic earnings per share from continuing operations was CNY 0.0575 compared to CNY 0.0402 a year ago.