Cheer Time Enterprise Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 07:23 am
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Cheer Time Enterprise 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 223.85 million compared to TWD 262.57 million a year ago. Net income was TWD 0.316 million compared to net loss of TWD 6.08 million a year ago.
For the nine months, sales was TWD 704.36 million compared to TWD 584.12 million a year ago. Net loss was TWD 14.38 million compared to TWD 18.62 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to TWD 0.34 a year ago. Diluted loss per share from continuing operations was TWD 0.22 compared to TWD 0.34 a year ago.
CHEER TIME ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of printed circuit boards (PCBs). The Company's PCB products include single-sided PCBs, which are used in automobile products, home appliances, transformers, chargers and others, double-sided PCBs, which are mainly used in personal computer peripherals, power supplies, satellite navigations, liquid crystal display (LCD) monitors, light-emitting diode (LED) displays and others, as well as multi-layer PCBs, which are used in industrial computers, digital cameras, video cameras, wireless network communication boards and others. The Company is also engaged in the refining and trading of coal. The Company distributes its products in Taiwan market and to the Americas, the rest of Asia, Europe and Australia.
CHEER TIME ENTERPRISE CO., LTD 
