Aker Technology Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 01:02 am IST
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Aker Technology 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 113.93 million compared to TWD 187.92 million a year ago. Net income was TWD 2.71 million compared to TWD 44.28 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.89 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to TWD 0.88 a year ago.
For the nine months, sales was TWD 347.3 million compared to TWD 555.95 million a year ago. Net income was TWD 13.69 million compared to TWD 131.33 million a year ago. Basic earnings per share from continuing operations was TWD 0.27 compared to TWD 2.63 a year ago. Diluted earnings per share from continuing operations was TWD 0.27 compared to TWD 2.61 a year ago.
AKER TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of quartz crystal products. The Companyâs primary products include quartz crystal units, quartz crystal filters, quartz crystal oscillators and surface mount device (SMD) quartz crystal units and crystal oscillators. The Companyâs products are mainly used in the manufacture of computers, remote control toys, television (TV) games, wireless phones, Internet communication applications, consumer electronics, automotive electronics, pagers, mobile phones, very high frequency (VHF) wireless receivers and global positioning system (GPS) receivers. The Company mainly operates its businesses in Taiwan, Hong Kong, the Mainland China and Europe.