INternational CArbide Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 118.870 million compared to TWD 104.860 million a year ago. Operating income was TWD 13.541 million compared to TWD 8.443 million a year ago. Net income was TWD 11.014 million compared to TWD 6.936 million a year ago. Basic earnings per share was TWD 0.59 compared to TWD 0.37 a year ago. Diluted earnings per share was TWD 0.58 compared to TWD 0.37 a year ago.