Regal Holding Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023
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Regal Holding Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 323.4 million compared to TWD 531.48 million a year ago. Net loss was TWD 20.55 million compared to net income of TWD 61.98 million a year ago. Basic loss per share from continuing operations was TWD 0.54 compared to basic earnings per share from continuing operations of TWD 1.61 a year ago. Diluted loss per share from continuing operations was TWD 0.54 compared to diluted earnings per share from continuing operations of TWD 1.4 a year ago.
For the nine months, sales was TWD 808.79 million compared to TWD 1,280.17 million a year ago. Net loss was TWD 159.12 million compared to net income of TWD 46.6 million a year ago. Basic loss per share from continuing operations was TWD 4.14 compared to basic earnings per share from continuing operations of TWD 1.21 a year ago. Diluted loss per share from continuing operations was TWD 4.14 compared to diluted earnings per share from continuing operations of TWD 1.15 a year ago.
Regal Holding Co Ltd is a Japan-based company mainly engaged in the design, manufacture and marketing of jewelry and accessories, as well as the jewelry electroplating business. The main products and services include the design, manufacture and marketing of pendants, rings, bracelets, earrings, necklaces, cufflinks, pins and beads made of 925 sterling silver, 9K gold to 24K gold jewelry, brass and alloys. The Company distributes its products within domestic market and to overseas markets.