Huang Long Development Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 07:04 pm EDT
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Huang Long Development 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 277.69 million compared to TWD 1,032.99 million a year ago. Net loss was TWD 12.59 million compared to net income of TWD 173.78 million a year ago. Basic loss per share from continuing operations was TWD 0.15 compared to basic earnings per share from continuing operations of TWD 2.07 a year ago. Diluted loss per share from continuing operations was TWD 0.15 compared to diluted earnings per share from continuing operations of TWD 1.85 a year ago.
For the six months, sales was TWD 1,170.73 million compared to TWD 1,722.06 million a year ago. Net income was TWD 45.55 million compared to TWD 307.6 million a year ago. Basic earnings per share from continuing operations was TWD 0.54 compared to TWD 3.66 a year ago. Diluted earnings per share from continuing operations was TWD 0.48 compared to TWD 3.27 a year ago.
Huang Long Development Co.,Ltd., formerly Neng Tyi Precision Industries Co., Ltd., is a Taiwan-based company engaged in the manufacture and distribution of heat sinks and components. The company's products include mobile phone components, notebook (NB) /desktop (DT) cooling components, consumer electronics cooling components. The mobile phone components are applied in the precision stamping parts of the internal structure. The NB/DT cooling components are applied in radiators and radiator-related stamping parts of notebook computers, desktop computers and servers. The consumer electronics cooling components are applied in various types of consumer electronics components. The Company is also engaged in the manufacture and distribution of Light Emitting Diode (LED) lightings and the provision of labor services. The Company distributes its products within domestic market and overseas markets.