HPF Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 88.712 million compared to CNY 159.475 million a year ago. Operating income was CNY 5.272 million compared to CNY 19.411 million a year ago. Net income was CNY 835,603 compared to CNY 13.622 million a year ago. Basic earnings per share from continuing operations was CNY 0.0018 compared to CNY 0.03 a year ago.