Cheer Time Enterprise Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 03:11 pm EST
Share
Cheer Time Enterprise Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 262.57 million compared to TWD 119.29 million a year ago. Net loss was TWD 6.08 million compared to net income of TWD 7.15 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 0.22 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to diluted earnings per share from continuing operations of TWD 0.22 a year ago.
For the nine months, sales was TWD 584.12 million compared to TWD 336.29 million a year ago. Net loss was TWD 18.62 million compared to TWD 24.46 million a year ago. Basic loss per share from continuing operations was TWD 0.34 compared to TWD 0.76 a year ago. Diluted loss per share from continuing operations was TWD 0.34 compared to TWD 0.76 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 
