Shenzhen Cotran New Material Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 59.932 million compared to CNY 82.741 million a year ago. Operating income was CNY 10.107 million compared to CNY 12.866 million a year ago. Net income was CNY 8.839 million compared to CNY 12.533 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.14 a year ago.