Zhejiang Zhongcheng Packing Material Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 253.699 million compared to CNY 279.595 million a year ago. Operating income was CNY 11.694 million compared to CNY 2.419 million a year ago. Net income was CNY 19.262 million compared to CNY 11.801 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.01 a year ago.