Panion & Bf Biotech Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 340.605 million compared to TWD 356.902 million a year ago. Operating income was TWD 15.491 million compared to TWD 51.471 million a year ago. Net income was TWD 708,000 compared to TWD 39.636 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.52 a year ago.