GigaDevice Semiconductor Beijing Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 805.476 million compared to CNY 456.337 million a year ago. Operating income was CNY 168.251 million compared to CNY 34.857 million a year ago. Net income was CNY 167.919 million compared to CNY 39.675 million a year ago. Basic earnings per share from continuing operations was CNY 0.5269 compared to CNY 0.1411 a year ago. Diluted earnings per share from continuing operations was CNY 0.5242 compared to CNY 0.1365 a year ago.