HiTi Digital, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 05:59 pm EST
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HiTi Digital, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 177.17 million compared to TWD 157.42 million a year ago. Revenue was TWD 177.17 million compared to TWD 157.42 million a year ago. Net loss was TWD 19.92 million compared to TWD 15.81 million a year ago. Basic loss per share from continuing operations was TWD 0.14 compared to TWD 0.13 a year ago.
For the nine months, sales was TWD 516.08 million compared to TWD 430.78 million a year ago. Revenue was TWD 516.08 million compared to TWD 430.78 million a year ago. Net loss was TWD 99.37 million compared to TWD 115.78 million a year ago. Basic loss per share from continuing operations was TWD 0.76 compared to TWD 0.96 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.