Cheng Fwa Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 294.326 million compared to TWD 309.207 million a year ago. Operating loss was TWD 29.375 million compared to operating income of TWD 4.755 million a year ago. Net loss was TWD 30.086 million compared to net income of TWD 1.951 million a year ago. Basic loss per share was TWD 0.21 compared to basic earnings per share of TWD 0.01 a year ago.