Cheer Time Enterprise Co Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 09:12 am EDT
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Cheer Time Enterprise Co Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 125.510 million compared to TWD 127.870 million a year ago. Operating loss was TWD 37.700 million compared to TWD 13.556 million a year ago. Net loss was TWD 44.844 million compared to net income of TWD 4.256 million a year ago. Basic loss per share was TWD 0.48 compared to basic earnings per share of TWD 0.05 a year ago. For the half year, sales was TWD 222.232 million compared to TWD 247.023 million a year ago. Operating loss was TWD 68.215 million compared to TWD 25.331 million a year ago. Net loss was TWD 67.753 million compared to TWD 17.060 million a year ago. Basic loss per share was TWD 0.72 compared to TWD 0.18 a year ago.
CHEER TIME ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of printed circuit boards (PCBs). The Company's PCB products include single-sided PCBs, which are used in automobile products, home appliances, transformers, chargers and others, double-sided PCBs, which are mainly used in personal computer peripherals, power supplies, satellite navigations, liquid crystal display (LCD) monitors, light-emitting diode (LED) displays and others, as well as multi-layer PCBs, which are used in industrial computers, digital cameras, video cameras, wireless network communication boards and others. The Company is also engaged in the refining and trading of coal. The Company distributes its products in Taiwan market and to the Americas, the rest of Asia, Europe and Australia.
CHEER TIME ENTERPRISE CO., LTD 
