Tangel Publishing Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 170.393 million compared to CNY 252.455 million a year ago. Operating income was CNY 11.380 million compared to CNY 52.195 million a year ago. Net income was CNY 16.720 million compared to CNY 53.511 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.07 a year ago.