Jinxi Axle Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 61.323 million compared to CNY 304.850 million a year ago. Operating loss was CNY 29.252 million compared to operating Income of CNY 8.792 million a year ago. Net loss was CNY 28.310 million compared to net income of CNY 6.248 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago.