Her Chee Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 12:50 am IST
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Her Chee Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 61.879 million compared to TWD 81.208 million a year ago. Operating loss was TWD 25.359 million compared to operating Income of TWD 8.218 million a year ago. Net loss was TWD 16.286 million compared to net income of TWD 7.737 million a year ago. Basic loss per share was TWD 0.23 compared to basic earnings per share of TWD 0.11 a year ago. For the nine months, sales was TWD 241.015 million compared to TWD 243.139 million a year ago. Operating loss was TWD 20.519 million compared to TWD 9.332 million a year ago. Net loss was TWD 1.185 million compared to net income of TWD 9.518 million a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.14 a year ago.
HER CHEE INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of transportation vehicles and related parts. The Companyâs primary products include all terrain vehicles (ATVs), multi-function recreational vehicles, motorcycles, locomotives, scooters, go-kart racing cars, mini-cars and cruisers, among others. The Company mainly operates through two business segments: transportation and manufacturing businesses segment and investment business segment. The Company mainly distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas, Europe and others.