Tianjin Jinbin Development Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 60.154 million compared to CNY 32.168 million a year ago. Operating income was CNY 66.422 million compared to operating loss of CNY 20.173 million a year ago. Net income was CNY 61.239 million compared to net loss of CNY 16.504 million a year ago. Basic earnings per share from continuing operations was CNY 0.0379 compared to basic loss per share from continuing operations of CNY 0.0102 a year ago.