Chroma ATE Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 25, 2024
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Chroma ATE Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was TWD 68 million compared to TWD 76 million a year ago. Revenue was TWD 5,025 million compared to TWD 6,074 million a year ago. Net income was TWD 799 million compared to TWD 863 million a year ago. Basic earnings per share from continuing operations was TWD 1.89 compared to TWD 2.05 a year ago. Diluted earnings per share from continuing operations was TWD 1.87 compared to TWD 2 a year ago.
For the full year, sales was TWD 231 million compared to TWD 333 million a year ago. Revenue was TWD 18,676 million compared to TWD 22,067 million a year ago. Net income was TWD 3,979 million compared to TWD 5,106 million a year ago. Basic earnings per share from continuing operations was TWD 9.45 compared to TWD 12.14 a year ago. Diluted earnings per share from continuing operations was TWD 9.37 compared to TWD 12 a year ago.
Chroma Ate Inc. is a Taiwan-based company principally engaged in the manufacture and sale of precision electronics testing instruments and automatic testing system (ATS) products. The Company mainly provides power and electronic testing solutions, video and color testing solutions, passive component testing solutions, liquid crystal display (LCD)/lighting control module (LCM) testing solutions, semiconductor/integrated circuit (IC) testing solutions, light emitting diode (LED) testing solutions, photovoltaic testing solutions, as well as computer peripherals and others. The Company distributes its products in both domestic and overseas markets.