CoAsia Electronics Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 6,308.02 million compared to TWD 6,036.37 million a year ago. Net loss was TWD 273.2 million compared to net income of TWD 24.35 million a year ago. Basic loss per share from continuing operations was TWD 1.8245 compared to basic earnings per share from continuing operations of TWD 0.1595 a year ago. Diluted loss per share from continuing operations was TWD 1.8245 compared to diluted earnings per share from continuing operations of TWD 0.1595 a year ago.
For the six months, sales was TWD 9,947.08 million compared to TWD 14,180.18 million a year ago. Net loss was TWD 363.01 million compared to net income of TWD 130.32 million a year ago. Basic loss per share from continuing operations was TWD 2.4327 compared to basic earnings per share from continuing operations of TWD 0.8774 a year ago. Diluted loss per share from continuing operations was TWD 2.4327 compared to diluted earnings per share from continuing operations of TWD 0.8574 a year ago.