Mustang Industrial Corp. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 173.458 million compared to TWD 198.546 million a year ago. Operating income was TWD 5.993 million compared to TWD 8.705 million a year ago. Net income was TWD 6.503 million compared to TWD 7.621 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0.11 a year ago. Diluted earnings per share was TWD 0.1 compared to TWD 0.11 a year ago.