Iron Force Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 940.364 million compared to TWD 1,087.716 million a year ago. Operating income was TWD 78.229 million compared to TWD 133.920 million a year ago. Net income was TWD 64.114 million compared to TWD 119.432 million a year ago. Basic earnings per share was TWD 0.85 compared to TWD 1.58 a year ago. Diluted earnings per share was TWD 0.84 compared to TWD 1.57 a year ago.