Magnate Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was TWD 285.63 million compared to TWD 287.73 million a year ago. Net loss was TWD 10.25 million compared to TWD 23.03 million a year ago.

Basic loss per share from continuing operations was TWD 0.15 compared to TWD 0.34 a year ago. Diluted loss per share from continuing operations was TWD 0.15 compared to TWD 0.34 a year ago.