Sincere Navigation Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,067.45 million compared to TWD 958.85 million a year ago. Net income was TWD 103.85 million compared to net loss of TWD 97.74 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to basic loss per share from continuing operations of TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 0.18 compared to diluted loss per share from continuing operations of TWD 0.21 a year ago. Basic earnings per share was TWD 0.18 compared to basic loss per share of TWD 0.17 a year ago. Diluted earnings per share was TWD 0.18 compared to diluted loss per share of TWD 0.17 a year ago.
For the nine months, sales was TWD 3,097.83 million compared to TWD 2,680.9 million a year ago. Net income was TWD 331.35 million compared to net loss of TWD 44.71 million a year ago. Basic earnings per share from continuing operations was TWD 0.54 compared to basic loss per share from continuing operations of TWD 0.19 a year ago. Diluted earnings per share from continuing operations was TWD 0.54 compared to diluted loss per share from continuing operations of TWD 0.19 a year ago. Basic earnings per share was TWD 0.57 compared to basic loss per share of TWD 0.08 a year ago. Diluted earnings per share was TWD 0.57 compared to diluted loss per share of TWD 0.08 a year ago.