Beijing Hengtong Innovation Luxwood Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 77.199 million compared to CNY 144.693 million a year ago. Operating income was CNY 578,238.83 compared to CNY 9.770 million a year ago. Net income was CNY 1.920 million compared to CNY 8.141 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.03 a year ago.