Glarun Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 103.091 million compared to CNY 205.507 million a year ago. Operating loss was CNY 4.482 million compared to operating Income of CNY 20.424 million a year ago. Net loss was CNY 2.940 million compared to net income of CNY 17.254 million a year ago. Basic loss per share from continuing operations was CNY 0.005 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago.