Shanghai Golden Union Business Management Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 192.979 million compared to CNY 202.529 million a year ago. Operating income was CNY 51.600 million compared to CNY 46.632 million a year ago. Net income was CNY 43.045 million compared to CNY 34.953 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.09 a year ago.