Kuang-Chi Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 88.608 million compared to CNY 80.990 million a year ago. Operating income was CNY 29.319 million compared to CNY 10.489 million a year ago. Net income was CNY 24.407 million compared to CNY 8.579 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.004 a year ago.