Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 110.275 million compared to CNY 138.084 million a year ago. Operating income was CNY 46.749 million compared to CNY 77.034 million a year ago. Net income was CNY 41.368 million compared to CNY 66.137 million a year ago. Basic earnings per share from continuing operations was CNY 0.079 compared to CNY 0.1263 a year ago.