Shanghai Jinfeng Wine Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 146.509 million compared to CNY 226.971 million a year ago. Operating loss was CNY 1.952 million compared to operating Income of CNY 52.750 million a year ago. Net loss was CNY 2.011 million compared to net income of CNY 39.847 million a year ago. Basic loss per share from continuing operations was CNY 0.004 compared to basic earnings per share from continuing operations of CNY 0.08 a year ago.