Space Shuttle Hi-Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 09:35 am EST
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Space Shuttle Hi-Tech 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 801.8 million compared to TWD 688.85 million a year ago. Net loss was TWD 16.51 million compared to net income of TWD 4.78 million a year ago. Basic loss per share from continuing operations was TWD 0.12 compared to basic earnings per share from continuing operations of TWD 0.03 a year ago.
For the nine months, sales was TWD 2,128.59 million compared to TWD 2,423.01 million a year ago. Net loss was TWD 84.96 million compared to TWD 23.17 million a year ago. Basic loss per share from continuing operations was TWD 0.61 compared to TWD 0.17 a year ago.
SPACE SHUTTLE HI-TECH CO.,LTD. is a Taiwan-based company principally engaged in the manufacture and sales of computer, communications and consumer electronics (3C) product wires and copper wires. The Company's main products include stranded copper wires, 3C product transmission wires and electronic wires and 3C connection assembly products. The Company distributes its products to overseas markets, such as mainland China, Europe, the Americas, Southeast Asia, the Middle East and Latin America.