Shanghai Laimu Electronics Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 95.427 million compared to CNY 101.738 million a year ago. Operating income was CNY 10.345 million compared to CNY 8.728 million a year ago. Net income was CNY 8.728 million compared to CNY 10.286 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.05 a year ago.