Chuwa Wool Industry Co., Taiwan Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 22.525 million compared to TWD 49.728 million a year ago. Operating loss was TWD 8.332 million compared to TWD 8.402 million a year ago. Net income was TWD 30.117 million compared to net loss of TWD 7.709 million a year ago. Basic earnings per share was TWD 0.33 compared to basic loss per share of TWD 0.08 a year ago.