Shen's Art Printing Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Shen's Art Printing 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 153.8 million compared to TWD 164.63 million a year ago. Net income was TWD 5.12 million compared to TWD 14.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to TWD 0.31 a year ago.
For the nine months, sales was TWD 483 million compared to TWD 457.59 million a year ago. Net loss was TWD 3.81 million compared to net income of TWD 28.78 million a year ago. Basic loss per share from continuing operations was TWD 0.08 compared to basic earnings per share from continuing operations of TWD 0.62 a year ago.
Shen's Art Printing Co., Ltd. is a Taiwan-based company principally engaged in the manufacturing, processing and distribution of printing products. The Company provides customer-tailored printing services, which offers books, posters, magazines and calendars. Its main products include cultural printing products, such as books, magazines, souvenir albums and calendars, among others; commercial printing products, such as posters, catalogs, direct mails (DMs) and instruction books, among others; packaging printing products, such as paper boxes and paper containers, as well as digital printing products, such as calendars, notebooks and pictures, among others. The Company distributes its products within domestic market and to overseas markets.