VATS Liquor Chain Store Management Joint Stock Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,294.864 million compared to CNY 1,126.381 million a year ago. Operating income was CNY 120.755 million compared to CNY 122.151 million a year ago. Net income was CNY 97.778 million compared to CNY 88.680 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.22 a year ago.