Jiangsu Xinri E-Vehicle Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 383.408 million compared to CNY 618.043 million a year ago. Operating loss was CNY 28.721 million compared to operating Income of CNY 17.573 million a year ago. Net loss was CNY 23.389 million compared to net income of CNY 16.432 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to basic earnings per share from continuing operations of CNY 0.08 a year ago.