Asia Neo Tech Industrial Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 12, 2023 at 03:42 pm EDT
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Asia Neo Tech Industrial 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 197.6 million compared to TWD 218.99 million a year ago. Net income was TWD 22.55 million compared to net loss of TWD 9.46 million a year ago. Basic earnings per share from continuing operations was TWD 0.7 compared to basic loss per share from continuing operations of TWD 0.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.7 compared to diluted loss per share from continuing operations of TWD 0.29 a year ago.
For the six months, sales was TWD 418.25 million compared to TWD 351.9 million a year ago. Net income was TWD 29.3 million compared to net loss of TWD 23.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.91 compared to basic loss per share from continuing operations of TWD 0.73 a year ago. Diluted earnings per share from continuing operations was TWD 0.91 compared to diluted loss per share from continuing operations of TWD 0.73 a year ago.
Asia Neo Tech Industrial Co., Ltd. is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of automatic drying equipment and related mechanical equipment. The Company's main products include conveyor ovens, ovens, printed circuit boards (PCBs), cover lens, green glass and touch panels. The Company distributes its products in domestic market and to overseas markets, such as mainland China.