Xinxing Ductile Iron Pipes Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 8,191.722 million compared to CNY 10,570.906 million a year ago. Operating income was CNY 512.635 million compared to CNY 556.593 million a year ago. Net income was CNY 359.263 million compared to CNY 318.965 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.0799 a year ago.