Chia Ta World Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 02:58 pm EST
Share
Chia Ta World 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 182.82 million compared to TWD 209.24 million a year ago. Revenue was TWD 182.81 million compared to TWD 209.17 million a year ago. Net loss was TWD 4.31 million compared to net income of TWD 4.96 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.06 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to diluted earnings per share from continuing operations of TWD 0.06 a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.06 a year ago. Diluted loss per share was TWD 0.05 compared to diluted earnings per share of TWD 0.06 a year ago.
For the nine months, sales was TWD 622.24 million compared to TWD 620.13 million a year ago. Revenue was TWD 622.17 million compared to TWD 619.93 million a year ago. Net loss was TWD 4.54 million compared to net income of TWD 10.89 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to basic earnings per share from continuing operations of TWD 0.13 a year ago. Diluted loss per share from continuing operations was TWD 0.06 compared to diluted earnings per share from continuing operations of TWD 0.13 a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.13 a year ago. Diluted loss per share was TWD 0.06 compared to diluted earnings per share of TWD 0.13 a year ago.
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.
CHIA TA WORLD CO., LTD. 
