Sheng Yi Development Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Sheng Yi Development 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 0.558 million compared to TWD 97.32 million a year ago. Net loss was TWD 8.55 million compared to net income of TWD 17.62 million a year ago. Basic loss per share from continuing operations was TWD 0.13 compared to basic earnings per share from continuing operations of TWD 0.27 a year ago. Diluted loss per share from continuing operations was TWD 0.13 compared to diluted earnings per share from continuing operations of TWD 0.27 a year ago.
For the nine months, sales was TWD 1.68 million compared to TWD 593.68 million a year ago. Net loss was TWD 24.25 million compared to net income of TWD 65.14 million a year ago. Basic loss per share from continuing operations was TWD 0.37 compared to basic earnings per share from continuing operations of TWD 0.99 a year ago. Diluted loss per share from continuing operations was TWD 0.37 compared to diluted earnings per share from continuing operations of TWD 0.99 a year ago.
Sheng Yi Development Co.,Ltd, formerly Signality System Engineering Co., Ltd., is a Taiwan-based company principally engaged in the design, development, manufacture and sales of testing systems, as well as the provision of testing services. The Company is also engaged in the wholesaling of construction materials. The testing services mainly include the testing of reliability and functionality for integrated circuit (IC) products to ensure the yield and establish a comprehensive test results for engineering analysis. The Companyâs primary products include semiconductor burn in system, semiconductor testing equipment and construction materials. The Company mainly operates its businesses in Taiwan.