Nien Hsing Textile 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 1,631.79 million compared to TWD 2,410.44 million a year ago. Revenue was TWD 1,631.53 million compared to TWD 2,410.92 million a year ago. Net loss was TWD 6.05 million compared to net income of TWD 111.99 million a year ago. Basic loss per share from continuing operations was TWD 0.03 compared to basic earnings per share from continuing operations of TWD 0.57 a year ago. Diluted loss per share from continuing operations was TWD 0.03 compared to diluted earnings per share from continuing operations of TWD 0.56 a year ago.
For the nine months, sales was TWD 4,881.76 million compared to TWD 6,846.88 million a year ago. Revenue was TWD 4,886.28 million compared to TWD 6,853.71 million a year ago. Net loss was TWD 244.5 million compared to net income of TWD 466.66 million a year ago. Basic loss per share from continuing operations was TWD 1.23 compared to basic earnings per share from continuing operations of TWD 2.36 a year ago. Diluted loss per share from continuing operations was TWD 1.23 compared to diluted earnings per share from continuing operations of TWD 2.34 a year ago.