Ningbo Fuda Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 396.099 million compared to CNY 738.429 million a year ago. Operating income was CNY 62.657 million compared to CNY 227.608 million a year ago. Net income was CNY 32.949 million compared to CNY 162.127 million a year ago. Basic earnings per share from continuing operations was CNY 0.0228 compared to CNY 0.1122 a year ago.