ANT Precision Industry Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 02:35 am EDT
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ANT Precision Industry 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 199.66 million compared to TWD 229.24 million a year ago. Net income was TWD 15.61 million compared to TWD 29.55 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 0.75 a year ago. Diluted earnings per share from continuing operations was TWD 0.4 compared to TWD 0.75 a year ago.
For the six months, sales was TWD 385.35 million compared to TWD 411.01 million a year ago. Net income was TWD 23.16 million compared to TWD 47.22 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to TWD 1.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to TWD 1.2 a year ago.
Ant Precision Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of connectors, cable assemblies, as well as molds and the related components. The Company's connector products are mainly applied in the transmission of signals or electricity within electronic systems. Its cable assembly products are mainly applied in the vehicle audio and video communications, entertainment and navigation systems. It industrial mold products mainly consist of plastic molds and stamping dies. The Company mainly distributes its products in domestic market and to overseas markets.