Cheer Time Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Cheer Time Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 119.29 million compared to TWD 88.55 million a year ago. Net income was TWD 7.15 million compared to net loss of TWD 36.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.2319 compared to basic loss per share from continuing operations of TWD 1.1304 a year ago. Basic earnings per share was TWD 0.2319 compared to basic loss per share of TWD 1.1304 a year ago.
For the nine months, sales was TWD 336.29 million compared to TWD 307.62 million a year ago. Net loss was TWD 24.46 million compared to TWD 116.74 million a year ago. Basic loss per share from continuing operations was TWD 0.7536 compared to TWD 3.6232 a year ago. Basic loss per share was TWD 0.7536 compared to TWD 3.6232 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 
