Ofuna Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 06:55 am
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Ofuna Technology 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 123.42 million compared to TWD 400.61 million a year ago. Net loss was TWD 41.62 million compared to net income of TWD 24.43 million a year ago. Basic loss per share from continuing operations was TWD 0.85 compared to basic earnings per share from continuing operations of TWD 0.5 a year ago. Diluted loss per share from continuing operations was TWD 0.85 compared to diluted earnings per share from continuing operations of TWD 0.5 a year ago.
For the nine months, sales was TWD 618.18 million compared to TWD 1,267.06 million a year ago. Net loss was TWD 18.6 million compared to net income of TWD 129.65 million a year ago. Basic loss per share from continuing operations was TWD 0.38 compared to basic earnings per share from continuing operations of TWD 2.85 a year ago. Diluted loss per share from continuing operations was TWD 0.38 compared to diluted earnings per share from continuing operations of TWD 2.82 a year ago.
Ofuna Technology Co Ltd is a Taiwan-based company mainly engaged in the engaged in provision of laser drilling processing service. The Company's main business includes the processing of blind holes such as vias and blind holes for signal transmission of printed circuit boards, high-speed and high-frequency transmission noise and heat dissipation countermeasures, machine manufacturing and mechanical drilling. The Company's projects include laser drilling processing services, laser drilling processing plant services, drilling machines, forming machines and machine maintenance.