Ideal Bike Corporation announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 781.032 million compared to TWD 823.013 million a year ago. Operating loss was TWD 33.638 million compared to TWD 47.135 million a year ago. Net income was TWD 1.023 million compared to net loss of TWD 55.377 million a year ago. Basic eps was TWD 0 compared to basic loss per share of TWD 0.25 a year ago.