Qingdao Doublestar Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 797.694 million compared to CNY 1,113.554 million a year ago. Operating loss was CNY 73.261 million compared to operating Income of CNY 16.405 million a year ago. Net loss was CNY 58.454 million compared to net income of CNY 14.122 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to basic earnings per share from continuing operations of CNY 0.017 a year ago.