IAT Automobile Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 145.922 million compared to CNY 173.130 million a year ago. Operating income was CNY 21.537 million compared to CNY 45.564 million a year ago. Net income was CNY 21.583 million compared to CNY 40.706 million a year ago. Basic earnings per share from continuing operations was CNY 0.0942 compared to CNY 0.1776 a year ago.