DuoLun Technology Corporation Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 34.556 million compared to CNY 161.394 million a year ago. Operating loss was CNY 32.005 million compared to operating Income of CNY 50.839 million a year ago. Net loss was CNY 28.440 million compared to net income of CNY 42.643 million a year ago. Basic loss per share from continuing operations was CNY 0.0454 compared to basic earnings per share from continuing operations of CNY 0.068 a year ago. Diluted loss per share from continuing operations was CNY 0.0452 compared to diluted earnings per share from continuing operations of CNY 0.0678 a year ago.