Shanghai Industrial Development Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,590.670 million compared to CNY 1,737.937 million a year ago. Operating income was CNY 278.717 million compared to CNY 286.818 million a year ago. Net income was CNY 167.078 million compared to CNY 159.643 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago.