Penpower Technology Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 41.416 million compared to TWD 47.206 million a year ago. Operating loss was TWD 5.283 million compared to TWD 2.689 million a year ago. Net loss was TWD 437,000 compared to TWD 948,000 a year ago. Basic loss per share was TWD 0.01 compared to TWD 0.03 a year ago.