Cloudweb, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced operating loss was USD 11.662 million compared to USD 19,212 a year ago. Net loss was USD 11.662 million compared to USD 19,212 a year ago. Basic loss per share from continuing operations was USD 0.66 compared to USD 0.14 a year ago.