Ways Technical Corp., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 08:04 pm EST
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Ways Technical Corp., 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 179.1 million compared to TWD 295.68 million a year ago. Net loss was TWD 39.84 million compared to TWD 73.5 million a year ago. Basic loss per share from continuing operations was TWD 0.39 compared to TWD 0.74 a year ago. Diluted loss per share from continuing operations was TWD 0.39 compared to TWD 0.74 a year ago.
For the nine months, sales was TWD 589.71 million compared to TWD 948.21 million a year ago. Net loss was TWD 134.21 million compared to TWD 176.3 million a year ago. Basic loss per share from continuing operations was TWD 1.33 compared to TWD 1.77 a year ago. Diluted loss per share from continuing operations was TWD 1.33 compared to TWD 1.77 a year ago.
WAYS TECHNICAL CORP., LTD. is principally engaged in the processing and assembly of Computer, Communication and Consumer Electronics (3C) products. The Company is also engaged in the manufacture and sale of coating and the sales of goods and components. The Companyâs surface treatment services are mainly applied to mobile phones, smart phones, personal digital assistants (PDAs), PDA phones and global positioning systems (GPSs), among others. It provides different methods of surface treatment, including electroplating, sputtering, coating and printing. The Company operates its business mainly in Taiwan and Mainland China.