Chia Ta World Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 03:53 am EST
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Chia Ta World 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 133 million compared to TWD 182.82 million a year ago. Revenue was TWD 132.94 million compared to TWD 182.81 million a year ago. Net loss was TWD 0.416 million compared to TWD 4.31 million a year ago.
For the nine months, sales was TWD 435.38 million compared to TWD 622.24 million a year ago. Revenue was TWD 435.49 million compared to TWD 622.17 million a year ago. Net loss was TWD 7.38 million compared to TWD 4.54 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to TWD 0.06 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to TWD 0.06 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.