Zhejiang SANMEI Chemical Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 703.534 million compared to CNY 1,088.077 million a year ago. Operating income was CNY 132.751 million compared to CNY 272.797 million a year ago. Net income was CNY 99.889 million compared to CNY 217.184 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.58 a year ago.