ACES Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 09:38 am
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ACES Electronics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,996.95 million compared to TWD 2,623.18 million a year ago. Revenue was TWD 2,072.91 million compared to TWD 2,721.81 million a year ago. Net loss was TWD 45.11 million compared to net income of TWD 118.94 million a year ago. Basic loss per share from continuing operations was TWD 0.34 compared to basic earnings per share from continuing operations of TWD 0.89 a year ago.
For the six months, sales was TWD 3,974.32 million compared to TWD 5,350.75 million a year ago. Revenue was TWD 4,113.11 million compared to TWD 5,538.62 million a year ago. Net loss was TWD 207.48 million compared to net income of TWD 282.58 million a year ago. Basic loss per share from continuing operations was TWD 1.54 compared to basic earnings per share from continuing operations of TWD 2.1 a year ago.
ACES Electronics Co., Ltd. is principally engaged in the development, design, manufacture and distribution of electronic connectors and cable groups. The Companyâs products are applied in the manufacture of notebook computers and peripheral parts, smart phones, consumer electronics, panels, vehicle equipment and network communication products, among others. The Company distributes its products in domestic market and to overseas markets.