Shin Foong Specialty and Applied Materials 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 241.71 million compared to TWD 380.75 million a year ago. Net loss was TWD 7.91 million compared to TWD 8.78 million a year ago. Basic loss per share from continuing operations was TWD 0.07 compared to TWD 0.08 a year ago. Diluted loss per share from continuing operations was TWD 0.07 compared to TWD 0.08 a year ago.
For the six months, sales was TWD 450.16 million compared to TWD 1,105.9 million a year ago. Net loss was TWD 30.54 million compared to net income of TWD 123.19 million a year ago. Basic loss per share from continuing operations was TWD 0.29 compared to basic earnings per share from continuing operations of TWD 1.16 a year ago. Diluted loss per share from continuing operations was TWD 0.29 compared to diluted earnings per share from continuing operations of TWD 1.16 a year ago.