Cheer Time Enterprise Co Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:50 pm
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Cheer Time Enterprise Co Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 120.648 million compared to TWD 125.510 million a year ago. Operating loss was TWD 31.937 million compared to TWD 37.700 million a year ago. Net loss was TWD 26.163 million compared to TWD 44.844 million a year ago. Basic loss per share was TWD 0.28 compared to TWD 0.48 a year ago. For the half year, sales was TWD 219.063 million compared to TWD 222.232 million a year ago. Operating loss was TWD 86.366 million compared to TWD 68.215 million a year ago. Net loss was TWD 80.598 million compared to TWD 67.753 million a year ago. Basic loss per share was TWD 0.86 compared to TWD 0.72 a year ago.
CHEER TIME ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of printed circuit boards (PCBs). The Company's PCB products include single-sided PCBs, which are used in automobile products, home appliances, transformers, chargers and others, double-sided PCBs, which are mainly used in personal computer peripherals, power supplies, satellite navigations, liquid crystal display (LCD) monitors, light-emitting diode (LED) displays and others, as well as multi-layer PCBs, which are used in industrial computers, digital cameras, video cameras, wireless network communication boards and others. The Company is also engaged in the refining and trading of coal. The Company distributes its products in Taiwan market and to the Americas, the rest of Asia, Europe and Australia.
CHEER TIME ENTERPRISE CO., LTD 
