Allied Circuit Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:59 pm EDT
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Allied Circuit 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 673.02 million compared to TWD 897.28 million a year ago. Net income was TWD 40.62 million compared to TWD 190.13 million a year ago. Basic earnings per share from continuing operations was TWD 0.82 compared to TWD 3.82 a year ago. Diluted earnings per share from continuing operations was TWD 0.8 compared to TWD 3.8 a year ago.
For the six months, sales was TWD 1,369.3 million compared to TWD 1,833.98 million a year ago. Net income was TWD 93.27 million compared to TWD 365.62 million a year ago. Basic earnings per share from continuing operations was TWD 1.87 compared to TWD 7.35 a year ago. Diluted earnings per share from continuing operations was TWD 1.84 compared to TWD 7.3 a year ago.
Allied Circuit Co Ltd is principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The Company primarily provides multi-layer PCBs and high density interconnect (HDI) boards. The Company's double-sided PCBs are mainly used in terminals, fax machines, computer peripheral equipment, industrial instruments and general communications equipment, among others. Its multi-layer PCBs are mainly applied in computer and related peripherals, consumer electronics, data storage devices, servers, computer workstations, precise testers, communications equipment, industrial control instruments and medical devices, among others. The Company mainly distributes its products to domestic and Asia market.
ALLIED CIRCUIT CO., LTD. 
