First Steamship Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 05:17 pm
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First Steamship Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,243.74 million compared to TWD 1,523.76 million a year ago. Net loss was TWD 219.67 million compared to TWD 25.4 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.27 compared to TWD 0.03 a year ago.
For the nine months, sales was TWD 4,101.84 million compared to TWD 4,824.82 million a year ago. Net loss was TWD 384.25 million compared to net income of TWD 82.12 million a year ago. Basic loss per share from continuing operations was TWD 0.47 compared to basic earnings per share from continuing operations of TWD 0.1 a year ago. Diluted loss per share from continuing operations was TWD 0.47 compared to diluted earnings per share from continuing operations of TWD 0.1 a year ago.
First Steamship Company, Ltd. is a Taiwan-based company principally engaged in sea transportation businesses and the operation of department stores. The Company operates through two segments. Sea Transportation segment is engaged in the provision of international transportation services of bulk cargo and ship chartering services. It focuses on cereals, ore sands, coal and fertilizer, among others. Ships under the Company include Ever Blossom, Ever Shining, Ever Excellent and Ever Leader, among others. Department Stores segment is engaged in retailing businesses in Mainland China. It provides apparels, jewelry products, cosmetics products, footwear products, sports supplies and home appliances, among others.