Ting Sin Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:09 am EST
Share
Ting Sin 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 140.77 million compared to TWD 312.87 million a year ago. Net loss was TWD 239.32 million compared to TWD 27.88 million a year ago. Basic loss per share from continuing operations was TWD 1.75 compared to TWD 0.22 a year ago. Diluted loss per share from continuing operations was TWD 1.75 compared to TWD 0.22 a year ago.
For the nine months, sales was TWD 767.87 million compared to TWD 1,382.61 million a year ago. Net loss was TWD 445.16 million compared to net income of TWD 27.7 million a year ago. Basic loss per share from continuing operations was TWD 3.26 compared to basic earnings per share from continuing operations of TWD 0.22 a year ago. Diluted loss per share from continuing operations was TWD 3.26 compared to diluted earnings per share from continuing operations of TWD 0.22 a year ago.
Ting Sin CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of aluminum alloy products. The Company's main products include aluminum rolling products, aluminum alloy rods and aluminum extruded products. The Company's products are mainly used in electronic information products, building materials structure, door and window frames, automobile parts, bicycle parts, sports equipments and home hardware. The Company distributes its products within the domestic market and to overseas markets.