Channel Well Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,664 million compared to TWD 2,723 million a year ago. Net income was TWD 179.15 million compared to TWD 303.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to TWD 1.33 a year ago. Diluted earnings per share from continuing operations was TWD 0.78 compared to TWD 1.32 a year ago.