CJW International CO., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:55 pm
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CJW International CO., LTD. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 51.37 million compared to TWD 9.91 million a year ago. Net loss was TWD 22.94 million compared to TWD 27.49 million a year ago. Basic loss per share from continuing operations was TWD 0.17 compared to TWD 0.27 a year ago.
For the six months, sales was TWD 83.1 million compared to TWD 25.75 million a year ago. Net loss was TWD 41.42 million compared to TWD 40.55 million a year ago. Basic loss per share from continuing operations was TWD 0.31 compared to TWD 0.39 a year ago.
CJW International Co Ltd, formerly CADAC ELECTRONIC CO., LTD., is a Taiwan-based company mainly engaged in the design, processing and distribution of fine jewelry. The Company mainly provides corallites and gems. Its jewelry products are design and processed by subcontractors. The Company purchases raw materials such as demands, corals and jade from domestic and foreign suppliers. In addition, it is also involved in the manufacture of printed circuit boards (PCBs), as well as retail of cigarettes and liquors. The Company distributes its products within the domestic market and to overseas markets.