SHUI-MU International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 11:39 am IST
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SHUI-MU International 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 292.12 million compared to TWD 293.05 million a year ago. Net income was TWD 7.54 million compared to net loss of TWD 60.36 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 0.9 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 0.9 a year ago.
For the nine months, sales was TWD 887.89 million compared to TWD 925.49 million a year ago. Net income was TWD 13.45 million compared to net loss of TWD 141.31 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to basic loss per share from continuing operations of TWD 2.12 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to diluted loss per share from continuing operations of TWD 2.12 a year ago.
SHUI-MU International Co., Ltd is a Taiwan-based company principally engaged in the retail and import agency of footwear, leather goods and accessories. Its footwear products include men's shoes, women's shoes, children's shoes, air cushion shoes and sports shoes. Its bag products include leather, cloth and nylon accessories and other bag accessories. Its accessories products include socks, intimates, home slippers and footwear maintenance products. The Company distributes its products mainly in domestic market.