Tonghua Grape Wine Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 220.092 million compared to CNY 387.172 million a year ago. Operating income was CNY 3.491 million compared to CNY 9.527 million a year ago. Net loss was CNY 633,565.87 compared to net income of CNY 1.329 million a year ago. Basic loss per share from continuing operations was CNY 0.002 compared to basic earnings per share from continuing operations of CNY 0.003 a year ago.