Shenzhen Maxonic Automation Control Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 91.277 million compared to CNY 137.472 million a year ago. Operating loss was CNY 4.712 million compared to operating Income of CNY 13.163 million a year ago. Net loss was CNY 4.529 million compared to net income of CNY 10.764 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.04 a year ago.