Shen's Art Printing Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Shen's Art Printing Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 153.81 million compared to TWD 153.24 million a year ago. Net loss was TWD 0.892 million compared to TWD 3.83 million a year ago. Basic loss per share from continuing operations was TWD 0.02 compared to TWD 0.08 a year ago.
For the six months, sales was TWD 329.2 million compared to TWD 292.96 million a year ago. Net loss was TWD 8.93 million compared to net income of TWD 14.4 million a year ago. Basic loss per share from continuing operations was TWD 0.19 compared to basic earnings per share from continuing operations of TWD 0.31 a year ago.
Shen's Art Printing Co., Ltd. is a Taiwan-based company principally engaged in the manufacturing, processing and distribution of printing products. The Company provides customer-tailored printing services, which offers books, posters, magazines and calendars. Its main products include cultural printing products, such as books, magazines, souvenir albums and calendars, among others; commercial printing products, such as posters, catalogs, direct mails (DMs) and instruction books, among others; packaging printing products, such as paper boxes and paper containers, as well as digital printing products, such as calendars, notebooks and pictures, among others. The Company distributes its products within domestic market and to overseas markets.