Hangzhou Zhongtai Cryogenic Technology Corporation announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 463.474 million compared to CNY 135.813 million a year ago. Operating income was CNY 44.497 million compared to CNY 19.799 million a year ago. Net income was CNY 33.652 million compared to CNY 18.417 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.06 a year ago.