Cjw International Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 01:32 am IST
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CJW International Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 563.563 million compared to TWD 387.314 million a year ago. Operating loss was TWD 73.517 million compared to TWD 6.911 million a year ago. Net loss was TWD 107.287 million compared to TWD 3.465 million a year ago. Basic loss per share was TWD 0.79 compared to TWD 0.03 a year ago. For the half year, sales was TWD 1,022.077 million compared to TWD 640.798 million a year ago. Operating loss was TWD 65.303 million compared to TWD 38.703 million a year ago. Net loss was TWD 105.706 million compared to TWD 35.637 million a year ago. Basic loss per share was TWD 0.78 compared to TWD 0.26 a year ago.
CJW International Co Ltd, formerly CADAC ELECTRONIC CO., LTD., is a Taiwan-based company mainly engaged in the design, processing and distribution of fine jewelry. The Company mainly provides corallites and gems. Its jewelry products are design and processed by subcontractors. The Company purchases raw materials such as demands, corals and jade from domestic and foreign suppliers. In addition, it is also involved in the manufacture of printed circuit boards (PCBs), as well as retail of cigarettes and liquors. The Company distributes its products within the domestic market and to overseas markets.