Chia Tai Enterprise International (03839) announced its 2023 interim results, with revenue of US$82.81 million, up 2.0% from the previous year; the company's shareholders should have a profit of US$2.207 million, a loss of US$4.984 million for the same period last year; profit of 0.8 US cents per share.
According to the announcement, the shift from loss to profit was mainly due to improved industrial business performance, and the profit and loss due to ECI Metro improved from a loss of 5.34 million US dollars in the first half of 2022 to profit of 2.61 million US dollars in the first half of 2023.