Shin Foong Specialty and Applied Materials 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 187.3 million compared to TWD 315.56 million a year ago. Net income was TWD 26.02 million compared to TWD 65.17 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to TWD 0.61 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to TWD 0.61 a year ago.
For the nine months, sales was TWD 637.46 million compared to TWD 1,421.45 million a year ago. Net loss was TWD 4.52 million compared to net income of TWD 188.37 million a year ago. Basic loss per share from continuing operations was TWD 0.04 compared to basic earnings per share from continuing operations of TWD 1.77 a year ago. Diluted loss per share from continuing operations was TWD 0.04 compared to diluted earnings per share from continuing operations of TWD 1.77 a year ago.