Honmyue Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 08:44 am EST
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Honmyue Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 725.18 million compared to TWD 791.54 million a year ago. Net loss was TWD 35.57 million compared to net income of TWD 26.02 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 0.2 a year ago. Diluted loss per share from continuing operations was TWD 0.27 compared to diluted earnings per share from continuing operations of TWD 0.18 a year ago.
For the nine months, sales was TWD 1,922.28 million compared to TWD 2,500.58 million a year ago. Net loss was TWD 78.73 million compared to net income of TWD 83.59 million a year ago. Basic loss per share from continuing operations was TWD 0.61 compared to basic earnings per share from continuing operations of TWD 0.64 a year ago. Diluted loss per share from continuing operations was TWD 0.61 compared to diluted earnings per share from continuing operations of TWD 0.59 a year ago.
Honmyue Enterprise Co Ltd is a Taiwan-based company principally engaged in the manufacture, sales, printing, dyeing and processing of various kinds of fiber fabrics. The Company's products include short fiber fabrics, long fiber fabrics and grey yarns. The Company's fiber fabrics are used as industrial cloth, cloth for slopwork and home decoration cloth, which are mainly applied to the production of leather suitcases, leather shoes, shirts, skirts, trousers, leisurewear, sports bags, travel bags, coats, jackets, suits, sportswear and decoration for automobiles. The Company distributes its products within the domestic market and to overseas markets.
HONMYUE ENTERPRISE CO., LTD. 
