Cheer Time Enterprise Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022
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Cheer Time Enterprise Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 227.16 million compared to TWD 114.08 million a year ago. Net loss was TWD 3.21 million compared to TWD 27.12 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to TWD 0.84 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to TWD 0.84 a year ago. Basic loss per share was TWD 0.05 compared to TWD 0.84 a year ago. Diluted loss per share was TWD 0.05 compared to TWD 0.84 a year ago.
For the six months, sales was TWD 321.55 million compared to TWD 217 million a year ago. Net loss was TWD 12.54 million compared to TWD 31.61 million a year ago. Basic loss per share from continuing operations was TWD 0.25 compared to TWD 0.98 a year ago. Diluted loss per share from continuing operations was TWD 0.25 compared to TWD 0.98 a year ago. Basic loss per share was TWD 0.25 compared to TWD 0.98 a year ago. Diluted loss per share was TWD 0.25 compared to TWD 0.98 a year ago.
CHEER TIME ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of printed circuit boards (PCBs). The Company's PCB products include single-sided PCBs, which are used in automobile products, home appliances, transformers, chargers and others, double-sided PCBs, which are mainly used in personal computer peripherals, power supplies, satellite navigations, liquid crystal display (LCD) monitors, light-emitting diode (LED) displays and others, as well as multi-layer PCBs, which are used in industrial computers, digital cameras, video cameras, wireless network communication boards and others. The Company is also engaged in the refining and trading of coal. The Company distributes its products in Taiwan market and to the Americas, the rest of Asia, Europe and Australia.
CHEER TIME ENTERPRISE CO., LTD 
