Teamax Smart City Technology Corporation Limited announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 197.737 million compared to CNY 244.513 million a year ago. Operating income was CNY 75.064 million compared to CNY 111.637 million a year ago. Net income was CNY 58.720 million compared to CNY 87.718 million a year ago. Basic earnings per share from continuing operations was CNY 0.0537 compared to CNY 0.1043 a year ago.