Niching Industrial Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 179.98 million compared to TWD 252.85 million a year ago. Revenue was TWD 210.8 million compared to TWD 295.06 million a year ago.

Net income was TWD 21.25 million compared to TWD 50.82 million a year ago. Basic earnings per share from continuing operations was TWD 0.52 compared to TWD 1.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.52 compared to TWD 1.29 a year ago.