Cjw International Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:33 pm
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CJW International Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 23.923 million compared to TWD 318.858 million a year ago. Operating loss was TWD 49.051 million compared to TWD 155.487 million a year ago. Net loss was TWD 45.492 million compared to TWD 163.279 million a year ago. Basic loss per share was TWD 0.47 compared to TWD 1.78 a year ago. For the nine months, sales was TWD 93.472 million compared to TWD 1,340.935 million a year ago. Operating loss was TWD 257.934 million compared to TWD 220.790 million a year ago. Net loss was TWD 299.621 million compared to TWD 268.985 million a year ago. Basic loss per share was TWD 3.16 compared to TWD 2.94 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.