Jiangsu Fasten Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 99.092 million compared to CNY 359.503 million a year ago. Operating loss was CNY 29.854 million compared to operating Income of CNY 14.822 million a year ago. Net loss was CNY 35.641 million compared to net income of CNY 8.007 million a year ago. Basic loss per share from continuing operations was CNY 0.0939 compared to basic earnings per share from continuing operations of CNY 0.0211 a year ago.