Cincon Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:35 pm EDT
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Cincon Electronics 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 388.46 million compared to TWD 479.69 million a year ago. Net income was TWD 41.18 million compared to TWD 51.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.86 compared to TWD 1.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.86 compared to TWD 1.07 a year ago.
For the six months, sales was TWD 770.82 million compared to TWD 807.01 million a year ago. Net income was TWD 94.59 million compared to TWD 92.88 million a year ago. Basic earnings per share from continuing operations was TWD 1.97 compared to TWD 1.93 a year ago. Diluted earnings per share from continuing operations was TWD 1.96 compared to TWD 1.93 a year ago.
Cincon Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies. The Company's products include battery chargers, mobile phone battery converters, switched power supplies, linear power supplies, direct current (DC) converters and alternating current (AC) converters, among others. The Company's products are applied in information and communication products, consumer electronics, medical apparatus, and industrial electronic equipment, as well as military and aircraft industries. The Company distributes its products within Taiwan and China Mainland markets.
CINCON ELECTRONICS CO., LTD. 
