Tibet Galaxy Science & Technology Development Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 46.478 million compared to CNY 71.241 million a year ago. Operating loss was CNY 18.424 million compared to CNY 16.598 million a year ago. Net loss was CNY 22.906 million compared to CNY 21.862 million a year ago. Basic loss per share from continuing operations was CNY 0.0868 compared to CNY 0.0829 a year ago.