Shaanxi Aerospace Power Hi-Tech Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 195.516 million compared to CNY 354.092 million a year ago. Operating loss was CNY 17.429 million compared to operating Income of CNY 5.385 million a year ago. Net loss was CNY 15.662 million compared to net income of CNY 3.494 million a year ago. Basic loss per share from continuing operations was CNY 0.0245 compared to basic earnings per share from continuing operations of CNY 0.0055 a year ago.