Huafang Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 690.012 million compared to CNY 688.268 million a year ago. Operating income was CNY 9.971 million compared to CNY 1.404 million a year ago. Net income was CNY 8.581 million compared to CNY 1.521 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.003 a year ago.