Single Well Industrial Corporation announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 84.329 million compared to TWD 96.548 million a year ago. Operating loss was TWD 9.146 million compared to TWD 538,000 a year ago. Net loss was TWD 9.188 million compared to net income of TWD 15.274 million a year ago. Basic loss per share was TWD 0.16 compared to basic earnings per share of TWD 0.24 a year ago.