Syncomm Technology 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 46.06 million compared to TWD 98.09 million a year ago. Net loss was TWD 7.76 million compared to net income of TWD 12.63 million a year ago. Basic loss per share from continuing operations was TWD 0.25 compared to basic earnings per share from continuing operations of TWD 0.41 a year ago. Diluted loss per share from continuing operations was TWD 0.25 compared to diluted earnings per share from continuing operations of TWD 0.4 a year ago.
For the nine months, sales was TWD 176.71 million compared to TWD 330.49 million a year ago. Net loss was TWD 6.63 million compared to net income of TWD 65.07 million a year ago. Basic loss per share from continuing operations was TWD 0.21 compared to basic earnings per share from continuing operations of TWD 2.1 a year ago. Diluted loss per share from continuing operations was TWD 0.21 compared to diluted earnings per share from continuing operations of TWD 2.07 a year ago.