Empower Technology Corporation. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:48 am EDT
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Empower Technology Corporation. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 52.97 million compared to TWD 69.16 million a year ago. Net income was TWD 1.61 million compared to TWD 2.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to TWD 0.07 a year ago.
For the six months, sales was TWD 118.66 million compared to TWD 125.6 million a year ago. Net income was TWD 4.19 million compared to TWD 1.78 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.14 compared to TWD 0.06 a year ago.
Empower Technology Corporation is a Taiwan-based company principally engaged in the manufacture and distribution of global position systems (GPSs) and telecommunication products. The Companyâs telecommunication products include multichannel multipoint distribution service (MMDS) down converters, two-way transmitters, Wireless Fidelity (Wi-Fi) products and wireless broadband products. Its GPS products include GPS modules, GPS data loggers, GPSs for sports and others. Its products are applied primarily in wireless cable television (TV) broadcasting, wireless network, navigation products and others. The Company distributes its products in Taiwan, Mainland China, the rest of Asia, the Americas and Europe markets.