CITIC Heavy Industries Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,079.456 million compared to CNY 1,063.654 million a year ago. Operating income was CNY 20.534 million compared to CNY 17.270 million a year ago. Net income was CNY 21.009 million compared to CNY 13.729 million a year ago. Basic earnings per share from continuing operations was CNY 0.0048 compared to CNY 0.0032 a year ago.