Grandblue Environment Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,411.203 million compared to CNY 1,253.976 million a year ago. Operating income was CNY 172.350 million compared to CNY 222.543 million a year ago. Net income was CNY 135.788 million compared to CNY 190.526 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.25 a year ago.