Yantai Changyu Pioneer Wine Company Limited announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 1,667.424 million compared to CNY 1,804.057 million a year ago. Operating income was CNY 612.086 million compared to CNY 636.529 million a year ago. Net income was CNY 456.381 million compared to CNY 479.444 million a year ago. Basic earnings per share from continuing operations was CNY 0.67 compared to CNY 0.7 a year ago.