Zhongyeda Electric Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,461.595 million compared to CNY 2,292.351 million a year ago. Operating income was CNY 117.683 million compared to CNY 108.198 million a year ago. Net income was CNY 87.174 million compared to CNY 90.147 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.17 a year ago.