Koryo Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 11:02 pm
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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.
Koryo Electronics Co., Ltd. is a Taiwan-based company principally involved in acting as sales agent of semiconductors and electronic components. The Companyâs main products include integrated circuits (ICs), discrete devices, small signal bipolar junction transistors (BJTs), power transistors, field effect transistors (FETs), thyristors, insulated gate bipolar transistors (IGBTs), microcontrollers, liquid crystal display (LCD) modules, as well as batteries and assembled batteries. The Companyâs products are applied in main boards, laptop computers, multimedia and system peripheral products sector, communication and industrial electronics sector, as well as consumer electronics.