CoAsia Electronics Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 3,639.06 million compared to TWD 8,143.81 million a year ago.

Net loss was TWD 89.81 million compared to net income of TWD 105.97 million a year ago. Basic loss per share from continuing operations was TWD 0.5982 compared to basic earnings per share from continuing operations of TWD 0.7079 a year ago. Diluted loss per share from continuing operations was TWD 0.5982 compared to diluted earnings per share from continuing operations of TWD 0.6979 a year ago.