Kwong Fong Industries Corporation announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 49.956 million compared to TWD 56.307 million a year ago. Operating loss was TWD 24.361 million compared to TWD 13.487 million a year ago. Net loss was TWD 32.152 million compared to net income of TWD 14.382 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.08 a year ago.