AVIT Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 31.715 million compared to CNY 87.687 million a year ago. Operating loss was CNY 11.343 million compared to operating Income of CNY 7.065 million a year ago. Net loss was CNY 11.389 million compared to net income of CNY 7.182 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago.