Ningbo Kangqiang Electronics Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 276.167 million compared to CNY 316.893 million a year ago. Operating income was CNY 13.821 million compared to CNY 29.275 million a year ago. Net income was CNY 11.354 million compared to CNY 26.160 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.07 a year ago.