Sinosteel Engineering & Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 2,040.834 million compared to CNY 2,324.206 million a year ago. Operating income was CNY 17.212 million compared to CNY 209.994 million a year ago. Net income was CNY 8.817 million compared to CNY 163.947 million a year ago. Basic earnings per share from continuing operations was CNY 0.007 compared to CNY 0.1305 a year ago.