Her Chee Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Her Chee Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 31.69 million compared to TWD 81.45 million a year ago. Net loss was TWD 26.35 million compared to net income of TWD 0.271 million a year ago. Basic loss per share from continuing operations was TWD 0.36. Diluted loss per share from continuing operations was TWD 0.36.
For the nine months, sales was TWD 78.15 million compared to TWD 216.29 million a year ago. Net loss was TWD 53.33 million compared to TWD 9.07 million a year ago. Basic loss per share from continuing operations was TWD 0.74 compared to TWD 0.13 a year ago. Diluted loss per share from continuing operations was TWD 0.74 compared to TWD 0.13 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.