GEM Terminal Industry Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 01:18 am EST
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GEM Terminal Industry 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 578.63 million compared to TWD 1,048.84 million a year ago. Net loss was TWD 40.51 million compared to net income of TWD 65.32 million a year ago. Basic loss per share from continuing operations was TWD 0.24 compared to basic earnings per share from continuing operations of TWD 0.39 a year ago. Diluted loss per share from continuing operations was TWD 0.24 compared to diluted earnings per share from continuing operations of TWD 0.39 a year ago.
For the nine months, sales was TWD 2,228.99 million compared to TWD 3,248.71 million a year ago. Net loss was TWD 37.84 million compared to net income of TWD 212.42 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to basic earnings per share from continuing operations of TWD 1.28 a year ago. Diluted loss per share from continuing operations was TWD 0.23 compared to diluted earnings per share from continuing operations of TWD 1.28 a year ago.
Gem Terminal Ind. Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of connectors. The Company's products are mainly used in the manufacturing of electronic communication, automobile transportation and electric appliance plugs. The Company is also engaged in the provision of raw materials, ceramic ferrules, bushings and molds. The Company mainly distributes its products in Mainland China and Taiwan markets.
GEM TERMINAL INDUSTRY CO.,LTD. 
