Action Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 04:48 am EST
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Action Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 351.59 million compared to TWD 425.61 million a year ago. Net income was TWD 43.45 million compared to TWD 26.76 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.16 compared to TWD 0.1 a year ago.
For the nine months, sales was TWD 1,178.56 million compared to TWD 1,211.47 million a year ago. Net income was TWD 92.02 million compared to TWD 76.97 million a year ago. Basic earnings per share from continuing operations was TWD 0.33 compared to TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.33 compared to TWD 0.28 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.
ACTION ELECTRONICS CO., LTD. 
