Xiangtan Electrochemical Scientific Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 206.284 million compared to CNY 258.708 million a year ago. Operating income was CNY 6.050 million compared to CNY 21.922 million a year ago. Net income was CNY 5.067 million compared to CNY 18.041 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.03 a year ago.