Guangdong Baolihua New Energy Stock Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,149.857 million compared to CNY 875.189 million a year ago. Operating income was CNY 152.763 million compared to CNY 323.202 million a year ago. Net income was CNY 122.809 million compared to CNY 239.011 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.11 a year ago.