Howteh Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 12, 2023 at 12:02 am
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Howteh Technology 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 723.85 million compared to TWD 964.79 million a year ago. Net income was TWD 39.01 million compared to TWD 77.99 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 1.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.6 compared to TWD 1.2 a year ago.
For the six months, sales was TWD 1,316.69 million compared to TWD 1,719.38 million a year ago. Net income was TWD 52.53 million compared to TWD 130.8 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to TWD 2.01 a year ago. Diluted earnings per share from continuing operations was TWD 0.8 compared to TWD 2 a year ago.
Howteh Technology Co., Ltd. is a Taiwan-based company principally engaged in the distribution of passive electronic components. The Company mainly provides electronic components, which include connectors, wires, semiconductor parts and electroacoustic products; as well as electronic equipment and materials, which include printed circuit board (PCB) and integrated circuit (IC) substrate manufacturing equipment and relevant chemicals, touch panels, optoelectronic and semiconductor manufacturing and testing equipment and relevant materials. The Company distributes its products mainly in Taiwan and Mainland China.