Chia Ta World Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 05:44 am EDT
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Chia Ta World 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 154.97 million compared to TWD 202.1 million a year ago. Revenue was TWD 155 million compared to TWD 202.09 million a year ago. Net loss was TWD 0.859 million compared to TWD 1.17 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to TWD 0.01 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to TWD 0.01 a year ago.
For the six months, sales was TWD 302.38 million compared to TWD 439.42 million a year ago. Revenue was TWD 302.55 million compared to TWD 439.37 million a year ago. Net loss was TWD 6.96 million compared to TWD 0.226 million a year ago. Basic loss per share from continuing operations was TWD 0.09. Diluted loss per share from continuing operations was TWD 0.09.
Chia Ta World Co., Ltd is a Taiwan-based company principally engaged in the manufacturing, processing and distribution of steel wires and cables. The Company's product portfolio consists of general steel wires, galvanized steel wires, pre-stressed concrete steel wires and strands, pre-stressed concrete steel bars, as well as galvanized and ungalvanized steel wire strands. Its wire and cable products are applied in power cables, telecommunication overhead lines, packaging wires, steel cables, spring beds, shops equipment, bridges, ships, utility poles and others. The Company distributes its products in Taiwan, the rest of Asia, the Americas and other markets.