ASUSTeK Computer Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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ASUSTeK Computer Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 115,703.51 million compared to TWD 126,922.23 million a year ago. Net income was TWD 2,586.29 million compared to TWD 1,895.64 million a year ago. Basic earnings per share from continuing operations was TWD 3.48 compared to TWD 2.55 a year ago. Diluted earnings per share from continuing operations was TWD 3.48 compared to TWD 2.54 a year ago.
For the six months, sales was TWD 227,101.29 million compared to TWD 265,344.97 million a year ago. Net income was TWD 904.07 million compared to TWD 12,325.46 million a year ago. Basic earnings per share from continuing operations was TWD 1.22 compared to TWD 16.59 a year ago. Diluted earnings per share from continuing operations was TWD 1.21 compared to TWD 16.45 a year ago.
Asustek Computer Inc is a Taiwan-based company principally engaged in the manufacture and distribution of computers, communication products and consumer electronics (3C). The Company mainly operates through two business segments, including 3C brand segment and other segment. The Company provides desktop motherboards, server motherboards, three-dimension graphic display cards, audio cards, notebook computers, table personal computers (PCs), smart navigation mobile phones, liquid crystal display (LCD) monitors, broadband and communication products, as well as servers, among others. It offers its products under the brand named ASUS. The Company distributes its products primarily in the United States, Canada, Asia, Europe and Africa.