Kwang Ming Silk Mill Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 225.77 million compared to TWD 200.33 million a year ago. Revenue was TWD 235.82 million compared to TWD 204.31 million a year ago. Net loss was TWD 4.01 million compared to net income of TWD 16.14 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to basic earnings per share from continuing operations of TWD 0.4 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to diluted earnings per share from continuing operations of TWD 0.4 a year ago.
For the nine months, sales was TWD 683.23 million compared to TWD 668.9 million a year ago. Revenue was TWD 710 million compared to TWD 678.18 million a year ago. Net loss was TWD 3.6 million compared to net income of TWD 71.31 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 1.76 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to diluted earnings per share from continuing operations of TWD 1.76 a year ago.