SunVic Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:03 pm IST
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SunVic Technology 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 73.64 million compared to TWD 129.39 million a year ago. Revenue was TWD 77.04 million compared to TWD 137.47 million a year ago. Net income was TWD 0.198 million compared to net loss of TWD 16.85 million a year ago.
For the nine months, sales was TWD 366.74 million compared to TWD 297.92 million a year ago. Revenue was TWD 379.23 million compared to TWD 315.48 million a year ago. Net loss was TWD 23.68 million compared to TWD 44.64 million a year ago. Basic loss per share from continuing operations was TWD 0.66 compared to TWD 1.24 a year ago.
Sunvic Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and sales of plastic films. The Companyâs principal products include aluminum and copper foil polyester tapes, electrostatic protection materials, self-adhesive copper foils, conductive fabrics, flame retardant polypropylene (FRPP) films, metal and aluminum foil antistatic bags, zipper plastic films, aluminum foil fiber paper, polyethylene plastic films and double-layer extruded films. The Company mainly conducts its business in American, Asian and European markets.