Kwang Ming Silk Mill 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 170.52 million compared to TWD 225.77 million a year ago. Revenue was TWD 171.78 million compared to TWD 235.82 million a year ago. Net loss was TWD 27.66 million compared to TWD 4.01 million a year ago. Basic loss per share from continuing operations was TWD 0.68 compared to TWD 0.1 a year ago. Diluted loss per share from continuing operations was TWD 0.68 compared to TWD 0.1 a year ago.
For the nine months, sales was TWD 492.89 million compared to TWD 683.23 million a year ago. Revenue was TWD 494.92 million compared to TWD 710 million a year ago. Net loss was TWD 64.61 million compared to TWD 3.6 million a year ago. Basic loss per share from continuing operations was TWD 1.6 compared to TWD 0.09 a year ago. Diluted loss per share from continuing operations was TWD 1.6 compared to TWD 0.09 a year ago.