Tieling Newcity Investment Holding Limited announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 3.871 million compared to CNY 5.821 million a year ago. Operating loss was CNY 28.472 million compared to operating Income of CNY 39.417 million a year ago. Net loss was CNY 28.597 million compared to net income of CNY 29.907 million a year ago. Basic loss per share from continuing operations was CNY 0.035 compared to basic earnings per share from continuing operations of CNY 0.036 a year ago.