Headway Advanced Materials Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 319.19 million compared to TWD 417.34 million a year ago. Net income was TWD 5.66 million compared to TWD 18.15 million a year ago.

Basic earnings per share from continuing operations was TWD 0.0936 compared to TWD 0.3041 a year ago. Diluted earnings per share from continuing operations was TWD 0.0936 compared to TWD 0.3041 a year ago.