Cipherlab Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 02:56 am EST
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Cipherlab 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 261.33 million compared to TWD 284.62 million a year ago. Revenue was TWD 273.9 million compared to TWD 297.81 million a year ago. Net loss was TWD 10.55 million compared to net income of TWD 7.63 million a year ago. Basic loss per share from continuing operations was TWD 0.15 compared to basic earnings per share from continuing operations of TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 0.15 compared to diluted earnings per share from continuing operations of TWD 0.11 a year ago.
For the nine months, sales was TWD 1,020.41 million compared to TWD 857.21 million a year ago. Revenue was TWD 1,055.02 million compared to TWD 877.67 million a year ago. Net income was TWD 10.94 million compared to TWD 19.12 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.16 compared to TWD 0.28 a year ago.
Cipherlab Co., Ltd. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of mobile computing systems and automatic data collection systems related products. The Companyâs primary products include handheld industrial computers, handheld automatic identification scanners and fixed terminal equipment. The Companyâs products are mainly used in the fields of warehousing management, assets management, inventory management, factory automation management and logistics automation management, among others. The Company mainly operates through five business segments: direct customers segment, agents segment, the United States of America (the USA) sales segment, China sales segment and others segment. The Company mainly exports its products to Europe, the Americas and Asia.