Yao Sheng Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023
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Yao Sheng 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 343.29 million compared to TWD 323.96 million a year ago. Net income was TWD 53.66 million compared to TWD 44.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.98 compared to TWD 1.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.98 compared to TWD 1.03 a year ago.
For the six months, sales was TWD 702.53 million compared to TWD 582.06 million a year ago. Net income was TWD 102.06 million compared to TWD 58.85 million a year ago. Basic earnings per share from continuing operations was TWD 1.88 compared to TWD 1.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.87 compared to TWD 1.34 a year ago.
Yao Sheng Electronic Co., Ltd. is a Taiwan-based company principally engaged in manufacture and distribution of transformers and inductance coils. The Company provides transformers and inductance coils, which are applied in liquid crystal display (LCD) monitors, power supply units, notebook computers, mobile phones, digital cameras, personal digital assistants (PDAs), televisions and other devices. In addition, it also provides light emitting diode (LED) lighting products. The Company distributes its products within the domestic market and to overseas markets.
YAO SHENG ELECTRONIC CO., LTD. 
