Sinmag Equipment Corporation reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 791.02 million compared to TWD 788.43 million a year ago. Revenue was TWD 796.29 million compared to TWD 793.94 million a year ago. Net income was TWD 57.53 million compared to TWD 73.8 million a year ago. Basic earnings per share from continuing operations was TWD 1.15 compared to TWD 1.47 a year ago. Diluted earnings per share from continuing operations was TWD 1.14 compared to TWD 1.47 a year ago.