Kwang Ming Silk Mill Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 154.37 million compared to TWD 222.78 million a year ago. Revenue was TWD 154.38 million compared to TWD 228.84 million a year ago. Net loss was TWD 27.05 million compared to TWD 18.76 million a year ago. Basic loss per share from continuing operations was TWD 0.67 compared to TWD 0.46 a year ago. Diluted loss per share from continuing operations was TWD 0.67 compared to TWD 0.46 a year ago.
For the six months, sales was TWD 322.38 million compared to TWD 457.45 million a year ago. Revenue was TWD 323.14 million compared to TWD 474.19 million a year ago. Net loss was TWD 36.95 million compared to net income of TWD 0.41 million a year ago. Basic loss per share from continuing operations was TWD 0.91 compared to basic earnings per share from continuing operations of TWD 0.01 a year ago. Diluted loss per share from continuing operations was TWD 0.91 compared to diluted earnings per share from continuing operations of TWD 0.01 a year ago.