Foshan Golden Milky Way Intelligent Equipment Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 38.466 million compared to CNY 139.745 million a year ago. Operating loss was CNY 18.994 million compared to operating Income of CNY 4.098 million a year ago. Net loss was CNY 17.063 million compared to net income of CNY 4.124 million a year ago. Basic loss per share from continuing operations was CNY 0.2285 compared to basic earnings per share from continuing operations of CNY 0.0552 a year ago.