Qingdao Zhongzi Zhongcheng Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 110.580 million compared to CNY 232.270 million a year ago. Operating income was CNY 36.028 million compared to operating loss of CNY 4.492 million a year ago. Net income was CNY 25.433 million compared to CNY 4.261 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.01 a year ago.