Jia Wei Lifestyle, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:57 pm EST
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Jia Wei Lifestyle, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 512.747 million compared to TWD 5.234 million a year ago. Net income was TWD 41.817 million compared to net loss of TWD 4.098 million a year ago. Basic earnings per share was TWD 0.5 compared to basic loss per share of TWD 0.05 a year ago. For the nine months, sales was TWD 544.285 million compared to TWD 12.670 million a year ago. Net income was TWD 21.788 million compared to net loss of TWD 29.820 million a year ago. Basic earnings per share was TWD 0.26 compared to basic loss per share of TWD 0.39 a year ago.
Jia Wei Lifestyle, Inc., formerly Gamma Optical Co., LTD. is a Taiwan-based company principally engaged in the international trading business of household goods. The Company currently operates in two businesses. The household goods business is mainly engaged in the international trade of catering supplies. The materials are acrylic and melamine. The products include multiple shapes and designs. The optical products business provides diffusion films for thin film transistors (TFT-LCD), reflectors, cymbals, composite films, light guide films, precision mold processing of optical films, and related raw materials for optical films. The Company's products are sold to Taiwan, the rest regions of Asia, and the Americas.