Guangbo Group Stock Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 363.881 million compared to CNY 407.042 million a year ago. Operating loss was CNY 16.521 million compared to operating Income of CNY 17.299 million a year ago. Net loss was CNY 14.536 million compared to net income of CNY 13.792 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago.