Tainan Spinning Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 5,037.884 million compared to TWD 5,765.387 million a year ago. Operating income was TWD 21.588 million compared to operating loss of TWD 140.826 million a year ago. Net income was TWD 100.512 million compared to TWD 28.110 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.02 a year ago.