China Glaze Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 02:26 am EDT
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China Glaze 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 591.4 million compared to TWD 656.21 million a year ago. Net income was TWD 2.83 million compared to TWD 34.51 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to TWD 0.21 a year ago.
For the six months, sales was TWD 1,113.48 million compared to TWD 1,265.87 million a year ago. Net loss was TWD 10.15 million compared to net income of TWD 51.84 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 0.31 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 0.31 a year ago.
China Glaze Co.,Ltd. is a Taiwan-based company involved in the manufacture of color glazes and jade stones. The Companyâs products mainly include color glazes, jade stones, composite crystal stones, nanocrystalline jade stones, light-emitting diode (LED) photoelectric phosphors and others. Through its subsidiaries, the Company is also engaged in the promotion and marketing of inks and special effect glazes, as well as the design of jade crystal integrated lightings. The Company distributes its products both in domestic markets and to overseas markets.