Novatek Microelectronics Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 24,045.88 million compared to TWD 36,511.69 million a year ago.

Net income was TWD 4,751.84 million compared to TWD 11,134.93 million a year ago. Basic earnings per share from continuing operations was TWD 7.81 compared to TWD 18.3 a year ago. Diluted earnings per share from continuing operations was TWD 7.8 compared to TWD 18.27 a year ago.