Cadac Electronic Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 03:20 pm EST
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Cadac Electronic Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 318.528 million compared to TWD 122.619 million a year ago. Operating loss was TWD 2.396 million compared to TWD 45.604 million a year ago. Net income was TWD 1.181 million compared to net loss of TWD 51.539 million a year ago. Basic earnings per share was TWD 0.01 compared to basic loss per share of TWD 0.43 a year ago.
For the nine months, sales was TWD 959.326 million compared to TWD 416.715 million a year ago. Operating loss was TWD 41.099 million compared to TWD 120.507 million a year ago. Net loss was TWD 34.456 million compared to TWD 127.647 million a year ago. Basic loss per share was TWD 0.25 compared to TWD 1.09 a year ago.
CJW International Co Ltd, formerly CADAC ELECTRONIC CO., LTD., is a Taiwan-based company mainly engaged in the design, processing and distribution of fine jewelry. The Company mainly provides corallites and gems. Its jewelry products are design and processed by subcontractors. The Company purchases raw materials such as demands, corals and jade from domestic and foreign suppliers. In addition, it is also involved in the manufacture of printed circuit boards (PCBs), as well as retail of cigarettes and liquors. The Company distributes its products within the domestic market and to overseas markets.
CJW INTERNATIONAL CO., LTD. 
