Taiwan Pulp & Paper Corporation announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,118.848 million compared to TWD 1,038.213 million a year ago. Operating income was TWD 29.491 million compared to TWD 90.294 million a year ago. Net income was TWD 32.701 million compared to TWD 94.231 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.23 a year ago.