Sincere Navigation Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 1,006.52 million compared to TWD 787.51 million a year ago. Net income was TWD 125.49 million compared to net loss of TWD 3.13 million a year ago.

Basic earnings per share from continuing operations was TWD 0.2 compared to basic loss per share from continuing operations of TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to diluted loss per share from continuing operations of TWD 0.02 a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.01 a year ago.

Diluted earnings per share was TWD 0.21 compared to diluted loss per share of TWD 0.01 a year ago.