Action Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 06:20 am EDT
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Action 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 407.19 million compared to TWD 404.14 million a year ago. Net income was TWD 22.65 million compared to TWD 31.44 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to TWD 0.11 a year ago.
For the six months, sales was TWD 826.97 million compared to TWD 785.86 million a year ago. Net income was TWD 48.57 million compared to TWD 50.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.18 compared to TWD 0.18 a year ago.
Action Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing, distribution, maintenance and technology services of electronic products. The Company provides portable multimedia players, liquid crystal digital televisions and digital video disks (DVD), digital photo frames, mobile entertainment products, mobile Internet products, solar application products and tablet personal computers, among others. The Company also involves in the provision of related technology transfer and consulting services. It distributes its products primarily in Asia, Europe and the Americas.