Wha Yu Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 07:54 am
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Wha Yu Industrial 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 365.51 million compared to TWD 583.51 million a year ago. Net loss was TWD 32.25 million compared to net income of TWD 72.43 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 0.6 a year ago. Diluted loss per share from continuing operations was TWD 0.27 compared to diluted earnings per share from continuing operations of TWD 0.6 a year ago.
For the nine months, sales was TWD 1,084.89 million compared to TWD 1,419.27 million a year ago. Net loss was TWD 37.38 million compared to net income of TWD 64.93 million a year ago. Basic loss per share from continuing operations was TWD 0.31 compared to basic earnings per share from continuing operations of TWD 0.54 a year ago. Diluted loss per share from continuing operations was TWD 0.31 compared to diluted earnings per share from continuing operations of TWD 0.54 a year ago.
WHA YU INDUSTRIAL CO., LTD. is principally engaged in the production and sale of high, intermediate and low frequency wireless devices. Its wireless devices include radio frequency (RF) antennas and RF coaxial cable assemblies. The Company is also engaged in the production and sales of electronic and optical communication components and signal connection equipment. The Company distributes its products primarily in Asia, the Americas and Europe.