Federal Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 276.4 million compared to TWD 353.46 million a year ago. Net loss was TWD 492.11 million compared to TWD 167.89 million a year ago.

Basic loss per share from continuing operations was TWD 1.07 compared to TWD 0.37 a year ago.