Hua Jung Components Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:32 am IST
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Hua Jung Components 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 269.52 million compared to TWD 288.25 million a year ago. Net income was TWD 30.44 million compared to TWD 41.26 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to TWD 0.24 a year ago. Diluted earnings per share from continuing operations was TWD 0.17 compared to TWD 0.24 a year ago.
For the nine months, sales was TWD 803.06 million compared to TWD 778.98 million a year ago. Net income was TWD 77.21 million compared to TWD 54.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to TWD 0.31 a year ago.
Hua Jung Components Co Ltd is a Taiwan-based company principally engaged in the manufacture and sales of electronic components. The Company's major offerings include plastic film capacitors, high frequency transformers, electrical components and others. The Company's products are applied in monitors, power supplies, fax machines, switching equipment, televisions, electrical stabilizers, digital cameras, wireless communication equipment, liquid crystal displays (LCDs), mobile phones and others. The Company distributes its products in Taiwan and to overseas markets, including the rest of Asia, the Americas, Europe and others.