Koryo Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 656.51 million compared to TWD 1,161.03 million a year ago. Revenue was TWD 657.29 million compared to TWD 1,159.84 million a year ago. Net income was TWD 27.17 million compared to TWD 70.42 million a year ago. Basic earnings per share from continuing operations was TWD 0.52 compared to TWD 1.36 a year ago. Diluted earnings per share from continuing operations was TWD 0.52 compared to TWD 1.34 a year ago.
For the nine months, sales was TWD 2,153.6 million compared to TWD 3,245.05 million a year ago. Revenue was TWD 2,149.34 million compared to TWD 3,240.25 million a year ago. Net income was TWD 73.45 million compared to TWD 187.69 million a year ago. Basic earnings per share from continuing operations was TWD 1.42 compared to TWD 3.62 a year ago. Diluted earnings per share from continuing operations was TWD 1.4 compared to TWD 3.55 a year ago.