Jiangsu Huaxin New Material Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 64.974 million compared to CNY 73.377 million a year ago. Operating income was CNY 12.630 million compared to CNY 13.274 million a year ago. Net income was CNY 10.386 million compared to CNY 13.829 million a year ago. Basic earnings per share from continuing operations was CNY 0.1014 compared to CNY 0.1351 a year ago.