Baida Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 165.384 million compared to CNY 224.730 million a year ago. Operating loss was CNY 10.297 million compared to operating Income of CNY 75.898 million a year ago. Net loss was CNY 7.476 million compared to net income of CNY 56.754 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.151 a year ago.