Sun Race Sturmey-Archer Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 231.52 million compared to TWD 595.4 million a year ago. Net income was TWD 5.04 million compared to TWD 108.19 million a year ago. Basic earnings per share from continuing operations was TWD 0.09 compared to TWD 1.8 a year ago. Diluted earnings per share from continuing operations was TWD 0.09 compared to TWD 1.8 a year ago.
For the nine months, sales was TWD 852.33 million compared to TWD 1,718.43 million a year ago. Net income was TWD 74.22 million compared to TWD 317.36 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 5.29 a year ago. Diluted earnings per share from continuing operations was TWD 1.24 compared to TWD 5.28 a year ago.