SynPower Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 03:12 pm IST
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SynPower 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 311.96 million compared to TWD 337.75 million a year ago. Net income was TWD 10.56 million compared to TWD 32.13 million a year ago. Basic earnings per share from continuing operations was TWD 0.35 compared to TWD 1.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.35 compared to TWD 1.07 a year ago.
For the six months, sales was TWD 605.47 million compared to TWD 689.55 million a year ago. Net income was TWD 11.59 million compared to TWD 55.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 1.84 a year ago. Diluted earnings per share from continuing operations was TWD 0.38 compared to TWD 1.83 a year ago.
SynPower Co Ltd is a Taiwan-based company mainly engaged in the research, development, manufacture and sale of automated optical inspection and measurement equipment, wet process equipment and intelligent system integration solutions. The Company operates through three segments: smart manufacturing and other equipment and parts sales, printed circuit board surface treatment, and self-made advanced process equipment. The Company focuses on three major products: vision equipment and applications, wet process equipment and materials, and production equipment. Products can be used in printed circuit boards, optoelectronics, and semiconductors and other related fields, and provide raw materials, consumables and technology integration services. The main products include 3 dimensions optical measuring contour instrument, circuit board appearance inspection instrument, ultrasonic washing machine, vacuum heat pressing machine and others. The products are mainly sold to Asia and America.