STL Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 06:48 am
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STL Technology 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 513.56 million compared to TWD 592.03 million a year ago. Net income was TWD 31.94 million compared to TWD 33.01 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.49 compared to TWD 0.51 a year ago.
For the six months, sales was TWD 1,180.8 million compared to TWD 1,261.04 million a year ago. Net income was TWD 79.3 million compared to TWD 71.13 million a year ago. Basic earnings per share from continuing operations was TWD 1.23 compared to TWD 1.11 a year ago. Diluted earnings per share from continuing operations was TWD 1.23 compared to TWD 1.11 a year ago.
STL Technology Co., Ltd. is principally engaged in the manufacture and distribution of lithium battery modules. The Companyâs lithium battery module products are applied to computer, communication and consumer electronics (3C) products, such as notebook computers, tablet computers and modems, as well as handheld machine tools, electric bicycles, electric motorcycles and vehicles, medical equipment and other products. The Company distributes its products in domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.