China Hongguang Holdings Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 23.226 million compared to CNY 43.971 million a year ago. Operating income was CNY 2.642 million compared to CNY 8.969 million a year ago. Net income was CNY 1.441 million compared to CNY 7.156 million a year ago. Basic earnings per share was CNY 0.006 compared to CNY 0.032 a year ago.