Hangzhou Silan Microelectronics Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 691.035 million compared to CNY 660.200 million a year ago. Operating loss was CNY 23.671 million compared to CNY 10.024 million a year ago. Net income was CNY 2.219 million compared to CNY 23.201 million a year ago. Basic earnings per share from continuing operations was CNY 0.002 compared to CNY 0.018 a year ago.