All Ring Tech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 03:31 pm EDT
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All Ring Tech 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 275.91 million compared to TWD 764.88 million a year ago. Net income was TWD 30.48 million compared to TWD 168.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.38 compared to TWD 2.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.37 compared to TWD 2.01 a year ago.
For the six months, sales was TWD 503.67 million compared to TWD 1,394.47 million a year ago. Net income was TWD 44.4 million compared to TWD 317.68 million a year ago. Basic earnings per share from continuing operations was TWD 0.55 compared to TWD 3.9 a year ago. Diluted earnings per share from continuing operations was TWD 0.55 compared to TWD 3.84 a year ago.
ALL RING TECH CO., LTD. is a Taiwan-based company principally engaged in the design, manufacturing, processing and distribution of automatic machinery equipment. The Company's primary products include testing equipment, passive component devices, light emitting diode (LED) devices, thin film transistor liquid crystal display (TFT-LCD) equipment, semiconductor equipment and solar energy equipment, such as resistance testers, inductance testers, array testers, cutting machines, parts feeders, integrated circuit (IC) testers, substrate loaders, substrate unloaders, chargers and ball mounters. The Company is also involved in the international trading businesses. The Company mainly operates its businesses in Taiwan and the Mainland China.