Howteh Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:27 am IST
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Howteh 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 771.61 million compared to TWD 807.95 million a year ago. Net income was TWD 64.81 million compared to TWD 96.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.99 compared to TWD 1.48 a year ago. Diluted earnings per share from continuing operations was TWD 0.99 compared to TWD 1.47 a year ago.
For the nine months, sales was TWD 2,088.31 million compared to TWD 2,527.33 million a year ago. Net income was TWD 117.33 million compared to TWD 227.29 million a year ago. Basic earnings per share from continuing operations was TWD 1.8 compared to TWD 3.49 a year ago. Diluted earnings per share from continuing operations was TWD 1.79 compared to TWD 3.47 a year ago.
Howteh Technology Co., Ltd. is a Taiwan-based company principally engaged in the distribution of passive electronic components. The Company mainly provides electronic components, which include connectors, wires, semiconductor parts and electroacoustic products; as well as electronic equipment and materials, which include printed circuit board (PCB) and integrated circuit (IC) substrate manufacturing equipment and relevant chemicals, touch panels, optoelectronic and semiconductor manufacturing and testing equipment and relevant materials. The Company distributes its products mainly in Taiwan and Mainland China.