Mosel Vitelic Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:00 am EST
Mosel Vitelic Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 407.49 million compared to TWD 552.92 million a year ago. Net loss was TWD 7.1 million compared to net income of TWD 198.81 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 1.27 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to diluted earnings per share from continuing operations of TWD 1.26 a year ago.
For the nine months, sales was TWD 1,170.48 million compared to TWD 1,652.78 million a year ago. Net loss was TWD 51.04 million compared to net income of TWD 500.23 million a year ago. Basic loss per share from continuing operations was TWD 0.33 compared to basic earnings per share from continuing operations of TWD 3.21 a year ago. Diluted loss per share from continuing operations was TWD 0.33 compared to diluted earnings per share from continuing operations of TWD 3.17 a year ago.