Mustang Industrial Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 99.62 million compared to TWD 89.69 million a year ago. Revenue was TWD 99.59 million compared to TWD 89.56 million a year ago. Net income was TWD 6.75 million compared to net loss of TWD 4.63 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to diluted loss per share from continuing operations of TWD 0.08 a year ago.
For the nine months, sales was TWD 278.73 million compared to TWD 283.65 million a year ago. Revenue was TWD 278.61 million compared to TWD 283.3 million a year ago. Net loss was TWD 1.86 million compared to TWD 16.1 million a year ago. Basic loss per share from continuing operations was TWD 0.03 compared to TWD 0.27 a year ago. Diluted loss per share from continuing operations was TWD 0.03 compared to TWD 0.27 a year ago.