Lingsen Precision Industries, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 10, 2023 at 02:04 am EDT
Share
Lingsen Precision Industries, Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 1,259.4 million compared to TWD 1,762.31 million a year ago. Net loss was TWD 93.05 million compared to net income of TWD 134.32 million a year ago.
Basic loss per share from continuing operations was TWD 0.25 compared to basic earnings per share from continuing operations of TWD 0.36 a year ago. Diluted loss per share from continuing operations was TWD 0.25 compared to diluted earnings per share from continuing operations of TWD 0.36 a year ago.
LINGSEN PRECISION INDUSTRIES, LTD. is a Taiwan-based company principally engaged in the packaging, processing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Company mainly operates its businesses through packaging and testing of ICs and semiconductor products, including small outline package (SOP), shrink small outline package (SSOP), thin small outline package (TSOP), thin shrink small outline package (TSSOP), plastic leadless chip carrier (PLCC), quad flat package (QFP), thin quad flat package (TQFP) services, as well as photo detect ICs (PD-ICs) and others. Its products are applied in the consumer electronics, automobile electronic products, memory products, communication equipment and power management products. The Company conducts its businesses primarily in Taiwan, the Americas, the rest of Asia and Europe.