Qijing Machinery Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 290.455 million compared to CNY 368.880 million a year ago. Operating income was CNY 12.458 million compared to CNY 24.388 million a year ago. Net income was CNY 11.119 million compared to CNY 18.756 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.1 a year ago.