Magnolia Colombia Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was CAD 1,141 compared to CAD 1,445 a year ago. Net loss was CAD 354,804 compared to CAD 236,030 a year ago. Basic loss per share was CAD 0.01. Basic loss per share from continuing operations was CAD 0.01.