Cosmo Electronics Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 310.19 million compared to TWD 571.16 million a year ago. Net loss was TWD 27.88 million compared to net income of TWD 39.17 million a year ago. Basic loss per share from continuing operations was TWD 0.1667 compared to basic earnings per share from continuing operations of TWD 0.2255 a year ago. Diluted loss per share from continuing operations was TWD 0.1667 compared to diluted earnings per share from continuing operations of TWD 0.2255 a year ago.
For the six months, sales was TWD 474.94 million compared to TWD 779.34 million a year ago. Net loss was TWD 53.92 million compared to net income of TWD 51.3 million a year ago. Basic loss per share from continuing operations was TWD 0.3137 compared to basic earnings per share from continuing operations of TWD 0.3039 a year ago. Diluted loss per share from continuing operations was TWD 0.3137 compared to diluted earnings per share from continuing operations of TWD 0.2941 a year ago.