Suzhou Hailu Heavy Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 207.952 million compared to CNY 395.665 million a year ago. Operating income was CNY 38.566 million compared to CNY 92.071 million a year ago. Net income was CNY 35.000 million compared to CNY 65.136 million a year ago. Basic earnings per share from continuing operations was CNY 0.0416 compared to CNY 0.0773 a year ago.