Guangxi Nanning Waterworks Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 309.287 million compared to CNY 333.389 million a year ago. Operating income was CNY 56.053 million compared to CNY 104.054 million a year ago. Net income was CNY 48.051 million compared to CNY 89.752 million a year ago. Basic earnings per share from continuing operations was CNY 0.0544 compared to CNY 0.122 a year ago.