Algoltek, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 55.35 million compared to TWD 159.82 million a year ago. Net loss was TWD 25.41 million compared to net income of TWD 45.43 million a year ago.

Basic loss per share from continuing operations was TWD 0.94 compared to basic earnings per share from continuing operations of TWD 1.69 a year ago. Diluted loss per share from continuing operations was TWD 0.94 compared to diluted earnings per share from continuing operations of TWD 1.67 a year ago.