Cjw International Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:25 pm
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CJW International Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 10.221 million compared to TWD 563.563 million a year ago. Operating loss was TWD 53.543 million compared to TWD 73.517 million a year ago. Net loss was TWD 88.781 million compared to TWD 107.287 million a year ago. Basic loss per share was TWD 0.92 compared to TWD 1.17 a year ago. For the half year, sales was TWD 69.549 million compared to TWD 1,022.077 million a year ago. Operating loss was TWD 208.883 million compared to TWD 65.303 million a year ago. Net loss was TWD 254.129 million compared to TWD 105.706 million a year ago. Basic loss per share was TWD 2.71 compared to TWD 1.15 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.