Lao Feng Xiang Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 14,488.583 million compared to CNY 15,005.420 million a year ago. Operating income was CNY 672.521 million compared to CNY 653.264 million a year ago. Net income was CNY 371.697 million compared to CNY 373.797 million a year ago. Basic earnings per share from continuing operations was CNY 0.7105 compared to CNY 0.7146 a year ago.