Shui-Mu International Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 317.736 million compared to TWD 408.122 million a year ago. Operating loss was TWD 69.989 million compared to TWD 11.464 million a year ago. Net loss was TWD 67.790 million compared to net income of TWD 104,000 a year ago. Basic loss per share was TWD 1.01.