Favite, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 170.38 million compared to TWD 377.09 million a year ago. Net loss was TWD 0.915 million compared to net income of TWD 85.95 million a year ago.

Basic loss per share from continuing operations was TWD 0.01 compared to basic earnings per share from continuing operations of TWD 1.09 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to diluted earnings per share from continuing operations of TWD 1.08 a year ago.