Penpower Technology Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 47.206 million compared to TWD 57.104 million a year ago. Operating loss was TWD 2.689 million compared to operating Income of TWD 2.146 million a year ago. Net loss was TWD 948,000 compared to net income of TWD 888,000 a year ago. Basic loss per share was TWD 0.03 compared to basic earnings per share of TWD 0.03 a year ago.