Huaxun Fangzhou Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 6.615 million compared to CNY 316.626 million a year ago. Operating loss was CNY 44.141 million compared to CNY 38.444 million a year ago. Net loss was CNY 40.942 million compared to CNY 20.899 million a year ago. Basic loss per share from continuing operations was CNY 0.0541 compared to CNY 0.0276 a year ago.