Sinmag Equipment Corporation announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 488.656 million compared to TWD 823.691 million a year ago. Operating income was TWD 35.907 million compared to TWD 106.848 million a year ago. Net income was TWD 30.514 million compared to TWD 74.162 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 1.48 a year ago. Diluted earnings per share was TWD 0.61 compared to TWD 1.47 a year ago.