Cheer Time Enterprise Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 03:04 am EDT
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Cheer Time Enterprise Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 226.3 million compared to TWD 227.16 million a year ago. Net loss was TWD 15.06 million compared to TWD 3.21 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to TWD 0.05 a year ago. Diluted loss per share from continuing operations was TWD 0.23 compared to TWD 0.05 a year ago.
For the six months, sales was TWD 480.51 million compared to TWD 321.55 million a year ago. Net loss was TWD 14.7 million compared to TWD 12.54 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to TWD 0.25 a year ago. Diluted loss per share from continuing operations was TWD 0.23 compared to TWD 0.25 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.