Guangzhou Yuetai Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 2,661.985 million compared to CNY 1,003.754 million a year ago. Operating income was CNY 303.205 million compared to CNY 99.327 million a year ago. Net income was CNY 211.779 million compared to CNY 80.216 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.03 a year ago.