Wuxi New Hongtai Electrical Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 80.997 million compared to CNY 108.020 million a year ago. Operating income was CNY 14.573 million compared to CNY 16.219 million a year ago. Net income was CNY 12.259 million compared to CNY 13.373 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.11 a year ago.