Baofeng Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 71.205 million compared to CNY 386.961 million a year ago. Operating loss was CNY 34.456 million compared to CNY 114.383 million a year ago. Net loss was CNY 17.494 million compared to CNY 29.541 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to CNY 0.09 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to CNY 0.09 a year ago.