Tibet Mineral Development Co., LTD announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 56.771 million compared to CNY 53.940 million a year ago. Operating loss was CNY 24.295 million compared to CNY 2.673 million a year ago. Net loss was CNY 21.790 million compared to net income of CNY 260,636.21 a year ago. Basic loss per share from continuing operations was CNY 0.0418 compared to basic earnings per share from continuing operations of CNY 0.0005 a year ago.