Epileds Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 05:34 am EDT
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Epileds Technologies, 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 293.14 million compared to TWD 300.12 million a year ago. Net loss was TWD 22.78 million compared to TWD 7.43 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to TWD 0.07 a year ago. Diluted loss per share from continuing operations was TWD 0.23 compared to TWD 0.07 a year ago.
For the six months, sales was TWD 593.07 million compared to TWD 630.39 million a year ago. Net loss was TWD 48.18 million compared to net income of TWD 11.55 million a year ago. Basic loss per share from continuing operations was TWD 0.48 compared to basic earnings per share from continuing operations of TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 0.48 compared to diluted earnings per share from continuing operations of TWD 0.11 a year ago.
Epileds Technologies, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of light emitting diode (LED) chips and wafers. The Companyâs products include ultra-high brightness LED blue light wafers and chips, green light wafers and chips, red light chips and wafers, LED indoor and outdoor lighting fixtures, among others. Its products are applied in the manufacture of consumer electronics, signals and displays, automobile spare parts, industrial instruments, lightening products and other specialty-purpose products, such as mobile consumer electronics, notebook computers, liquid crystal display (LCD) televisions, advertisement displays, traffic lights, fog lamps, automobile back lamps, program controllers, medical equipment, road lamps, city landscape lightening products and others. The Company mainly distributes its products within domestic market and to overseas markets.