Nantong Acetic Acid Chemical Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 493.206 million compared to CNY 539.452 million a year ago. Operating income was CNY 73.051 million compared to CNY 60.997 million a year ago. Net income was CNY 60.164 million compared to CNY 52.000 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.25 a year ago.