Qibu Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 255.225 million compared to CNY 316.629 million a year ago. Operating income was CNY 40.523 million compared to CNY 56.993 million a year ago. Net income was CNY 31.177 million compared to CNY 46.608 million a year ago. Basic earnings per share from continuing operations was CNY 0.0663 compared to CNY 0.0998 a year ago. Diluted earnings per share from continuing operations was CNY 0.0663 compared to CNY 0.0989 a year ago.