Mao Bao Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 158.134 million compared to TWD 158.368 million a year ago. Operating income was TWD 8.656 million compared to TWD 17.463 million a year ago. Net income was TWD 6.549 million compared to TWD 13.320 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.31 a year ago.