AA Industrial Belting Shanghai Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 35.966 million compared to CNY 39.671 million a year ago. Operating income was CNY 4.096 million compared to CNY 5.585 million a year ago. Net income was CNY 3.575 million compared to CNY 4.707 million a year ago. Basic earnings per share from continuing operations was CNY 0.0274 compared to CNY 0.036 a year ago.