Single Well Industrial Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 86.38 million compared to TWD 152.44 million a year ago. Net income was TWD 8 million compared to TWD 43.08 million a year ago.

Basic earnings per share from continuing operations was TWD 0.15 compared to TWD 0.76 a year ago.