Hangzhou Boiler Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 925.218 million compared to CNY 842.351 million a year ago. Operating income was CNY 86.016 million compared to CNY 92.514 million a year ago. Net income was CNY 64.866 million compared to CNY 89.289 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.12 a year ago.