Cheer Time Enterprise Co Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 01:11 am IST
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Cheer Time Enterprise Co Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 106.551 million compared to TWD 123.064 million a year ago. Operating loss was TWD 22.934 million compared to TWD 7.475 million a year ago. Net loss was TWD 18.901 million compared to TWD 4.512 million a year ago. Basic loss per share was TWD 0.2 compared to TWD 0.05 a year ago. For the nine months, sales was TWD 353.574 million compared to TWD 368.928 million a year ago. Operating loss was TWD 48.265 million compared to TWD 17.894 million a year ago. Net loss was TWD 35.961 million compared to TWD 2.041 million a year ago. Basic loss per share was TWD 0.38 compared to TWD 0.02 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.