Huayi Electric Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 52.073 million compared to CNY 155.696 million a year ago. Operating loss was CNY 93.214 million compared to CNY 15.077 million a year ago. Net loss was CNY 91.453 million compared to CNY 18.348 million a year ago. Basic loss per share from continuing operations was CNY 0.1203 compared to CNY 0.02 a year ago.