Xinjiang Sailing Information Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 11.702 million compared to CNY 17.945 million a year ago. Operating loss was CNY 28.895 million compared to CNY 21.636 million a year ago. Net loss was CNY 24.369 million compared to CNY 18.159 million a year ago. Basic loss per share from continuing operations was CNY 0.1493 compared to CNY 0.1112 a year ago.