Jean Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:39 am EST
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Jean 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 39.33 million compared to TWD 29.78 million a year ago. Net income was TWD 57.63 million compared to net loss of TWD 29.03 million a year ago. Basic earnings per share from continuing operations was TWD 0.23 compared to basic loss per share from continuing operations of TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to diluted loss per share from continuing operations of TWD 0.11 a year ago.
For the nine months, sales was TWD 1,286.44 million compared to TWD 515.54 million a year ago. Net income was TWD 181.4 million compared to TWD 68.07 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.71 compared to TWD 0.26 a year ago.
Jean Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and distribution of car monitors. The Companyâs car monitor products mainly include 7-inch, 8-inch, 9-inch and 10.2-inch wide rear-seat headrest, ceiling, back-hanging car audio and video entertainment system, car information display system, car liquid crystal display (LCD) audio navigation host, car camera and driving recorder. The Company is also involved in the trading and leasing of real estate to generate rental income. The company's products are mainly sold to the United States of America (the USA), Europe and Japan. The Company is also engaged in the investment and development businesses through its subsidiaries.