Mao Bao Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 147.74 million compared to TWD 158.13 million a year ago. Net income was TWD 1.38 million compared to TWD 6.55 million a year ago. Basic earnings per share from continuing operations was TWD 0.03 compared to TWD 0.15 a year ago. Diluted earnings per share from continuing operations was TWD 0.03 compared to TWD 0.15 a year ago.