Tungkong Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 270.624 million compared to CNY 440.330 million a year ago. Operating income was CNY 45.660 million compared to CNY 84.134 million a year ago. Net income was CNY 37.376 million compared to CNY 70.878 million a year ago. Basic earnings per share from continuing operations was CNY 0.0685 compared to CNY 0.1299 a year ago.