M3 Technology Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 257 million compared to TWD 323.64 million a year ago. Revenue was TWD 257 million compared to TWD 323.64 million a year ago. Net income was TWD 59.43 million compared to TWD 83.8 million a year ago. Basic earnings per share from continuing operations was TWD 1.48 compared to TWD 2.16 a year ago. Diluted earnings per share from continuing operations was TWD 1.42 compared to TWD 2.01 a year ago.
For the six months, sales was TWD 475.63 million compared to TWD 643.11 million a year ago. Revenue was TWD 475.65 million compared to TWD 643.11 million a year ago. Net income was TWD 98.24 million compared to TWD 170.95 million a year ago. Basic earnings per share from continuing operations was TWD 2.45 compared to TWD 4.53 a year ago. Diluted earnings per share from continuing operations was TWD 2.34 compared to TWD 4.2 a year ago.