Hotron Precision Electronic Industrial Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 10:26 pm
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Hotron Precision Electronic Industrial 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 553.05 million compared to TWD 1,017.07 million a year ago. Net loss was TWD 4.49 million compared to net income of TWD 62.72 million a year ago. Basic loss per share from continuing operations was TWD 0.0388 compared to basic earnings per share from continuing operations of TWD 0.6602 a year ago. Diluted loss per share from continuing operations was TWD 0.0388 compared to diluted earnings per share from continuing operations of TWD 0.6505 a year ago.
For the six months, sales was TWD 1,057.66 million compared to TWD 2,004.07 million a year ago. Net loss was TWD 81.72 million compared to net income of TWD 67.55 million a year ago. Basic loss per share from continuing operations was TWD 0.7961 compared to basic earnings per share from continuing operations of TWD 0.7087 a year ago. Diluted loss per share from continuing operations was TWD 0.7961 compared to diluted earnings per share from continuing operations of TWD 0.699 a year ago.
HOTRON PRECISION ELECTRONIC INDUSTRIAL CO.LTD. is a Taiwan-based company principally engaged in the manufacture and sales of various kinds of transmission lines. The Company's main products include signal lines, connectors, connection lines, power cords, wires and cables and copper products. The Company's products are mainly used in the areas of information, communications, precision machinery and consumer electronics. The Company distributes its products mainly in Asian market.