Asia Electronic Material Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023
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Asia Electronic Material Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 447.11 million compared to TWD 445.33 million a year ago. Net income was TWD 29.58 million compared to TWD 8.31 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 0.08 a year ago.
For the nine months, sales was TWD 1,126.94 million compared to TWD 1,273.47 million a year ago. Net income was TWD 33.5 million compared to TWD 41.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 0.42 a year ago. Diluted earnings per share from continuing operations was TWD 0.34 compared to TWD 0.42 a year ago.
Asia Electronic Material Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of electronic materials. The Companyâs products primarily include flexible copper clad laminates, coverlays, stiffeners, bonding sheets, electromagnetic interference shielding films and others. The Company's FCCL products are primarily applied in mobile phones, digital cameras, laptops, liquid crystal display (LCD) monitors, printers and others. The Company distributes its products both in domestic markets and to overseas markets.