Kintech Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 02:45 am IST
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Kintech Electronics 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 77.74 million compared to TWD 143.72 million a year ago. Net loss was TWD 31.7 million compared to net income of TWD 0.967 million a year ago. Basic loss per share from continuing operations was TWD 0.9 compared to basic earnings per share from continuing operations of TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.9 compared to diluted earnings per share from continuing operations of TWD 0.03 a year ago.
For the six months, sales was TWD 175.92 million compared to TWD 312.35 million a year ago. Net loss was TWD 47.84 million compared to net income of TWD 21.54 million a year ago. Basic loss per share from continuing operations was TWD 1.36 compared to basic earnings per share from continuing operations of TWD 0.62 a year ago. Diluted loss per share from continuing operations was TWD 1.36 compared to diluted earnings per share from continuing operations of TWD 0.62 a year ago.
KINTECH ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of printed circuit boards. The Company's main products include single-sided printed circuit boards, double-sided printed circuit boards, multilayer printed circuit boards and raw materials. The Company's products are mainly used in information electronics, communications products and consumer electronics, as well as the areas of aerospace and national defense. The Company distributes its products in domestic market to overseas markets.