Qingdao Kingking Applied Chemistry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 821.188 million compared to CNY 1,352.933 million a year ago. Operating loss was CNY 32.654 million compared to operating Income of CNY 47.828 million a year ago. Net loss was CNY 19.220 million compared to net income of CNY 27.129 million a year ago. Basic loss per share from continuing operations was CNY 0.028 compared to basic earnings per share from continuing operations of CNY 0.039 a year ago.