Excel Cell Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 04:16 pm EDT
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Excel Cell Electronic 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 486.98 million compared to TWD 630.28 million a year ago. Net income was TWD 37.12 million compared to TWD 67.65 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 0.62 a year ago. Diluted earnings per share from continuing operations was TWD 0.34 compared to TWD 0.62 a year ago.
For the six months, sales was TWD 930.48 million compared to TWD 1,202.08 million a year ago. Net income was TWD 33.28 million compared to TWD 122.07 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 1.12 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 1.12 a year ago.
EXCEL CELL ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacture and trading of electronic components. The Companyâs primary products include switches, relays, terminal blocks, connectors and pressing parts, such as lead frames. Its products are applied in the manufacture of household electrical appliances, precision instruments, security products, communication products, computer peripheral products, integrated circuits (ICs) and others. The Company distributes its products primarily in Asia, Europe and the Americas.