Microtips Technology Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 115.195 million compared to TWD 235.937 million a year ago. Operating loss was TWD 13.167 million compared to TWD 915,000 a year ago. Net loss was TWD 10.350 million compared to net income of TWD 773,000 a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 0.02 a year ago.