Hung Ching Development & Construction Co. Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 47.3 million compared to TWD 42.61 million a year ago.

Revenue was TWD 86.64 million compared to TWD 434.01 million a year ago. Net loss was TWD 99.41 million compared to net income of TWD 69.77 million a year ago. Basic loss per share from continuing operations was TWD 0.38 compared to basic earnings per share from continuing operations of TWD 0.27 a year ago.

Diluted loss per share from continuing operations was TWD 0.38 compared to diluted earnings per share from continuing operations of TWD 0.27 a year ago.