Shanghai Film Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 45.770 million compared to CNY 284.794 million a year ago. Operating loss was CNY 93.369 million compared to operating Income of CNY 54.766 million a year ago. Net loss was CNY 70.898 million compared to net income of CNY 46.150 million a year ago. Basic loss per share from continuing operations was CNY 0.19 compared to basic earnings per share from continuing operations of CNY 0.12 a year ago.