Speed Tech Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 3,403.28 million compared to TWD 4,326.84 million a year ago.

Net loss was TWD 68.93 million compared to net income of TWD 153.88 million a year ago. Basic loss per share from continuing operations was TWD 0.4 compared to basic earnings per share from continuing operations of TWD 0.91 a year ago. Diluted loss per share from continuing operations was TWD 0.4 compared to diluted earnings per share from continuing operations of TWD 0.87 a year ago.