Formosan Rubber Group Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 336.85 million compared to TWD 584.9 million a year ago. Net income was TWD 51.22 million compared to TWD 164.36 million a year ago.

Basic earnings per share from continuing operations was TWD 0.1667 compared to TWD 0.5333 a year ago. Diluted earnings per share from continuing operations was TWD 0.1667 compared to TWD 0.5333 a year ago.