First Steamship Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
September 05, 2023 at 08:32 am
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First Steamship Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,330.98 million compared to TWD 1,531.36 million a year ago. Net loss was TWD 226.76 million compared to net income of TWD 1.34 million a year ago. Basic loss per share from continuing operations was TWD 0.27. Diluted loss per share from continuing operations was TWD 0.27.
For the six months, sales was TWD 2,858.09 million compared to TWD 3,301.06 million a year ago. Net loss was TWD 164.58 million compared to net income of TWD 107.52 million a year ago. Basic loss per share from continuing operations was TWD 0.2 compared to basic earnings per share from continuing operations of TWD 0.13 a year ago. Diluted loss per share from continuing operations was TWD 0.2 compared to diluted earnings per share from continuing operations of TWD 0.13 a year ago.
First Steamship Company, Ltd. is a Taiwan-based company principally engaged in sea transportation businesses and the operation of department stores. The Company operates through two segments. Sea Transportation segment is engaged in the provision of international transportation services of bulk cargo and ship chartering services. It focuses on cereals, ore sands, coal and fertilizer, among others. Ships under the Company include Ever Blossom, Ever Shining, Ever Excellent and Ever Leader, among others. Department Stores segment is engaged in retailing businesses in Mainland China. It provides apparels, jewelry products, cosmetics products, footwear products, sports supplies and home appliances, among others.