Neway Valve Suzhou Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 700.859 million compared to CNY 616.173 million a year ago. Operating income was CNY 110.752 million compared to CNY 105.176 million a year ago. Net income was CNY 97.650 million compared to CNY 86.613 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.12 a year ago.