Shanghai Kaichuang Marine International Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 370.099 million compared to CNY 382.924 million a year ago. Operating loss was CNY 17.757 million compared to CNY 18.888 million a year ago. Net loss was CNY 18.775 million compared to CNY 24.705 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to CNY 0.1 a year ago.