Sun Race Sturmey-Archer Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 348.22 million compared to TWD 512.55 million a year ago. Net income was TWD 45.35 million compared to TWD 91.1 million a year ago.

Basic earnings per share from continuing operations was TWD 0.76 compared to TWD 1.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.75 compared to TWD 1.52 a year ago.