Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Taiwan Alpha 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 92.82 million compared to TWD 107.24 million a year ago. Net income was TWD 388.34 million compared to TWD 7.33 million a year ago. Basic earnings per share from continuing operations was TWD 16.81 compared to TWD 0.32 a year ago. Diluted earnings per share from continuing operations was TWD 16.7 compared to TWD 0.32 a year ago.
For the six months, sales was TWD 168.68 million compared to TWD 214.46 million a year ago. Net income was TWD 386.52 million compared to TWD 12.67 million a year ago. Basic earnings per share from continuing operations was TWD 16.73 compared to TWD 0.55 a year ago. Diluted earnings per share from continuing operations was TWD 16.62 compared to TWD 0.55 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.