Henan Xinye Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,059.049 million compared to CNY 1,479.354 million a year ago. Operating income was CNY 74.217 million compared to CNY 91.390 million a year ago. Net income was CNY 63.299 million compared to CNY 77.558 million a year ago. Basic earnings per share from continuing operations was CNY 0.0775 compared to CNY 0.095 a year ago.