HiTi Digital, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 07:28 am
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HiTi Digital, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 180.72 million compared to TWD 156.97 million a year ago. Net loss was TWD 37.09 million compared to TWD 54.07 million a year ago. Basic loss per share from continuing operations was TWD 0.3 compared to TWD 0.45 a year ago.
For the six months, sales was TWD 338.92 million compared to TWD 273.36 million a year ago. Net loss was TWD 79.46 million compared to TWD 99.97 million a year ago. Basic loss per share from continuing operations was TWD 0.64 compared to TWD 0.83 a year ago.
HiTi Digital, Inc. is principally engaged in the design, research and development, manufacture and sales of printers and printer consumables. The Company offers household photo printers and other consumer electronic products related to digital image, including independent print printers and portable wireless printers. The Company provides commercial photo printers and related integration solutions, including card high-speed and high-capacity photo printers and high-resolution photo printers. It also provides colorful card printers and related integration solutions. The Company is also engaged in the provision of consumer video value-added services.