Jiangsu Yulong Steel Pipe Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,340.935 million compared to CNY 79.129 million a year ago. Operating income was CNY 20.612 million compared to operating loss of CNY 14.342 million a year ago. Net income was CNY 21.067 million compared to net loss of CNY 7.870 million a year ago. Basic earnings per share from continuing operations was CNY 0.0269 compared to basic loss per share from continuing operations of CNY 0.0101 a year ago.