Chung Lien Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023
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Chung Lien 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 40.22 million compared to TWD 40.35 million a year ago. Revenue was TWD 40.22 million compared to TWD 40.35 million a year ago. Net income was TWD 22.89 million compared to TWD 22.72 million a year ago. Basic earnings per share from continuing operations was TWD 0.21 compared to TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 0.21 compared to TWD 0.21 a year ago.
For the nine months, sales was TWD 120.05 million compared to TWD 120.67 million a year ago. Revenue was TWD 120.05 million compared to TWD 120.67 million a year ago. Net income was TWD 66.98 million compared to TWD 69.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.62 compared to TWD 0.64 a year ago. Diluted earnings per share from continuing operations was TWD 0.62 compared to TWD 0.64 a year ago.
Chung Lien Co Ltd is a Taiwan-based company mainly engaged in truck route freight business. The Company's main businesses include automobile freight industry, automobile route freight industry, automobile container freight industry, auto repair industry, warehousing industry and real estate leasing industry. The Company mainly provides household-to-house goods distribution services. The Company is engaged in the transportation of goods in the whole province of Taiwan and outlying islands.