Liwanli Innovation Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 102.400 million compared to TWD 24.175 million a year ago. Operating loss was TWD 19.600 million compared to TWD 25.253 million a year ago. Net loss was TWD 15.828 million compared to net income of TWD 18.091 million a year ago. Basic loss per share was TWD 0.19 compared to basic earnings per share of TWD 0.22 a year ago.