CHANG TYPE Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:58 am EDT
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CHANG TYPE Industrial 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 951.35 million compared to TWD 1,018.15 million a year ago. Net loss was TWD 28.31 million compared to net income of TWD 105.07 million a year ago. Basic loss per share from continuing operations was TWD 0.36 compared to basic earnings per share from continuing operations of TWD 1.33 a year ago. Diluted loss per share from continuing operations was TWD 0.36 compared to diluted earnings per share from continuing operations of TWD 1.33 a year ago.
For the six months, sales was TWD 1,538.36 million compared to TWD 2,604.39 million a year ago. Net income was TWD 2.83 million compared to TWD 278.26 million a year ago. Basic earnings per share from continuing operations was TWD 0.04 compared to TWD 3.53 a year ago. Diluted earnings per share from continuing operations was TWD 0.04 compared to TWD 3.53 a year ago.
Chang Type Industrial Co.,Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power tools. The Company's main products include hand tools, computer machinery, motors, power tools, automatic control systems, electrical testing equipment, woodworking machinery and hardware components. The Company distributes its products mainly to overseas markets.