Orange Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Orange Electronic 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 83.98 million compared to TWD 98.2 million a year ago. Net income was TWD 6.99 million compared to TWD 12.81 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.55 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 0.55 a year ago.
For the six months, sales was TWD 155.19 million compared to TWD 213.34 million a year ago. Net income was TWD 1.31 million compared to TWD 34.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to TWD 1.5 a year ago. Diluted earnings per share from continuing operations was TWD 0.06 compared to TWD 1.49 a year ago.
Orange Electronic Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive wireless tire pressure detectors. The Company's main products include wireless tire pressure monitoring systems (TPMSs), tire pressure detectors and tire pressure detection kits. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest areas of Asia and Europe.