Aeon Motor Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 03:27 pm EDT
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Aeon Motor 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 381.94 million compared to TWD 845.99 million a year ago. Net income was TWD 10.21 million compared to TWD 67.31 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to TWD 0.92 a year ago. Diluted earnings per share from continuing operations was TWD 0.14 compared to TWD 0.92 a year ago.
For the six months, sales was TWD 721.46 million compared to TWD 1,739.94 million a year ago. Net loss was TWD 39.32 million compared to net income of TWD 141.61 million a year ago. Basic loss per share from continuing operations was TWD 0.54 compared to basic earnings per share from continuing operations of TWD 1.94 a year ago. Diluted loss per share from continuing operations was TWD 0.54 compared to diluted earnings per share from continuing operations of TWD 1.94 a year ago.
AEON MOTOR CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of functional automobiles, motorcycles and parts. The Company's main products include all terrain vehicles (ATVs), utility vehicle (UTVs), motorcycles, parts and others. The Company distributes its products in domestic market and to overseas markets, including the Americas, Europe and others.