Netel Technology Holdings Ltd. announced earnings results for the first quarter ended August 31, 2019. For the first quarter, the company announced sales was HKD 6.044 million compared to HKD 37.338 million a year ago. Operating income was HKD 2.580 million compared to HKD 987,000 a year ago. Net income was HKD 2.309 million compared to HKD 654,000 a year ago. Basic earnings per share was HKD 0.0019 compared to HKD 0.0005 a year ago.