Daheng New Epoch Technology Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 289.169 million compared to CNY 740.201 million a year ago. Operating loss was CNY 76.301 million compared to CNY 9.038 million a year ago. Net loss was CNY 49.408 million compared to CNY 7.430 million a year ago. Basic loss per share from continuing operations was CNY 0.1131 compared to CNY 0.017 a year ago.