Etron Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 02:27 am EDT
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Etron Technology, 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 741.41 million compared to TWD 1,392.48 million a year ago. Net loss was TWD 135.95 million compared to net income of TWD 153.52 million a year ago. Basic loss per share from continuing operations was TWD 0.4734 compared to basic earnings per share from continuing operations of TWD 0.5325 a year ago. Diluted loss per share from continuing operations was TWD 0.4734 compared to diluted earnings per share from continuing operations of TWD 0.5128 a year ago.
For the six months, sales was TWD 1,303.33 million compared to TWD 3,023.2 million a year ago. Net loss was TWD 358.69 million compared to net income of TWD 371.24 million a year ago. Basic loss per share from continuing operations was TWD 1.2426 compared to basic earnings per share from continuing operations of TWD 1.2919 a year ago. Diluted loss per share from continuing operations was TWD 1.2426 compared to diluted earnings per share from continuing operations of TWD 1.2229 a year ago.
Etron Technology, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture, testing and sales of integrated circuits (ICs) and components. The company provides dynamic random access memories (DRAMs), including single data rate (SDR) and double data rate (DDR) DRAMs, and low-power synchronous dynamic random access memories (LPSDRAMs), as well as analogy logic system ICs, power analogy ICs, light emitting diodes (LEDs) and others. The Company's products are applied in storage devices, displays, handsets, personal digital assistants (PDAs), wireless communication devices and multimedia devices. The Company distributes its products primarily in Taiwan market and other Asian markets.