Chuwa Wool Industry Co., Taiwan Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 49.728 million compared to TWD 55.451 million a year ago. Operating loss was TWD 8.402 million compared to TWD 9.802 million a year ago. Net loss was TWD 7.709 million compared to TWD 6.711 million a year ago. Basic loss per share was TWD 0.08 compared to TWD 0.07 a year ago.