Advanced Power Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 01, 2023 at 09:55 pm EDT
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Advanced Power 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 718.79 million compared to TWD 1,163.16 million a year ago. Net income was TWD 69.14 million compared to TWD 288.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to TWD 3.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.58 compared to TWD 3.03 a year ago.
For the six months, sales was TWD 1,374.31 million compared to TWD 2,294.87 million a year ago. Net income was TWD 126.6 million compared to TWD 575.43 million a year ago. Basic earnings per share from continuing operations was TWD 1.08 compared to TWD 6.59 a year ago. Diluted earnings per share from continuing operations was TWD 1.07 compared to TWD 6.41 a year ago.
ADVANCED POWER ELECTRONICS CORP. is a Taiwan-based company principally engaged in the research, development, manufacture, testing and distribution of transistors and related products. The Company provides low voltage metal-oxide semiconductor field-effect transistors (MOSFETs), medium voltage MOSFETs, high voltage MOSFETs, insulated gate bipolar transistors (IGBTs), linear regulator integrated circuits (ICs), pulse-width-modulated (PWM) ICs and others. Its products are applied in the manufacture of main boards, disk players, set top boxes, graphic cards, notebook computer battery modules, monitors, mobile phones, portable power supplies, digital cameras, adapters, personal digital assistants (PDAs) and others. The Company mainly distributes its products in Taiwan and the rest of Asia.
ADVANCED POWER ELECTRONICS CO., LTD. 
