Kuen Chaang Uppertech Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 127.43 million compared to TWD 328.66 million a year ago. Net loss was TWD 63.97 million compared to net income of TWD 9.6 million a year ago. Basic loss per share from continuing operations was TWD 0.54 compared to basic earnings per share from continuing operations of TWD 0.08 a year ago. Diluted loss per share from continuing operations was TWD 0.54 compared to diluted earnings per share from continuing operations of TWD 0.08 a year ago.
For the six months, sales was TWD 338.92 million compared to TWD 703.96 million a year ago. Net loss was TWD 76.69 million compared to net income of TWD 19.68 million a year ago. Basic loss per share from continuing operations was TWD 0.65 compared to basic earnings per share from continuing operations of TWD 0.17 a year ago. Diluted loss per share from continuing operations was TWD 0.65 compared to diluted earnings per share from continuing operations of TWD 0.17 a year ago.