E&E Recycling,Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 09:55 am
Share
E&E Recycling,Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 220.06 million compared to TWD 217.53 million a year ago. Net income was TWD 8.36 million compared to net loss of TWD 1.98 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to diluted loss per share from continuing operations of TWD 0.05 a year ago.
For the six months, sales was TWD 434.46 million compared to TWD 427.65 million a year ago. Net income was TWD 31 million compared to TWD 9.82 million a year ago. Basic earnings per share from continuing operations was TWD 0.82 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.82 compared to TWD 0.26 a year ago.
E&E Recycling, Inc. is a Taiwan-based company principally engaged in waste removal and processing business. The Company is mainly engaged in the recycling of waste electrical and electronic items and waste information items, the sales of derivative products, as well as the output of whole cases. The Company's main products include waste household appliances and waste information items, such as waste hosts, waste printers, waste notebook computers, waste keyboards and waste monitors. The Company operates its businesses in domestic market.