Shanghai Haixin Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 184.827 million compared to CNY 224.896 million a year ago. Operating income was CNY 11.760 million compared to CNY 23.666 million a year ago. Net income was CNY 13.111 million compared to CNY 22.754 million a year ago. Basic earnings per share from continuing operations was CNY 0.0109 compared to CNY 0.0189 a year ago.