Mobiletron Electronics Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 03:18 am
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Mobiletron Electronics 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 1,103.56 million compared to TWD 782.01 million a year ago. Net loss was TWD 42.71 million compared to net income of TWD 28.96 million a year ago. Basic loss per share from continuing operations was TWD 0.43 compared to basic earnings per share from continuing operations of TWD 0.29 a year ago. Diluted loss per share from continuing operations was TWD 0.43 compared to diluted earnings per share from continuing operations of TWD 0.29 a year ago.
For the six months, sales was TWD 2,027.68 million compared to TWD 1,535.83 million a year ago. Net loss was TWD 89.99 million compared to net income of TWD 47.35 million a year ago. Basic loss per share from continuing operations was TWD 0.91 compared to basic earnings per share from continuing operations of TWD 0.48 a year ago. Diluted loss per share from continuing operations was TWD 0.91 compared to diluted earnings per share from continuing operations of TWD 0.48 a year ago.
MOBILETRON ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing and sales of automobile electronic components and electric tools. The Companyâs primary products include electronic control components, automobile security systems and industrial and automobile tools. These products are mainly used in the manufacturing of automobile engines, automobile and engine igniters, automobile rectifiers and regulators, thick film mixed integrated circuits (ICs), automobile engine sensors and around view monitors (AVMs). The Company mainly operates through two business segments: electronics manufacturing segment and electric tools manufacturing and trading segment. The Company mainly exports its products to the Americas, Europe and Asia.