Netel Technology Holdings Limited announced earnings results for the first quarter ended August 31, 2020. For the first quarter, the company announced sales was HKD 2.662 million compared to HKD 6.044 million a year ago. Operating income was HKD 1.202 million compared to HKD 2.580 million a year ago. Net income was HKD 994,000 compared to HKD 2.309 million a year ago. Basic earnings per share from continuing operations was HKD 0.0008 compared to HKD 0.0019 a year ago.