M3 Technology Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 218.62 million compared to TWD 319.47 million a year ago. Revenue was TWD 218.65 million compared to TWD 319.47 million a year ago.

Net income was TWD 38.8 million compared to TWD 87.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.97 compared to TWD 2.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.92 compared to TWD 2.2 a year ago.