Forward Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Forward Electronics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 198.56 million compared to TWD 239.8 million a year ago. Net income was TWD 20.2 million compared to TWD 2.71 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.14 compared to TWD 0.02 a year ago.
For the six months, sales was TWD 414.08 million compared to TWD 472.92 million a year ago. Net income was TWD 39.27 million compared to TWD 13.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 0.1 a year ago.
Forward Electronics Co Ltd is a Taiwan-based company principally engaged in the production and sales of optoelectronics products, information appliance peripheral products and electronic components. The Company's optoelectronics products include backlight modules, liquid crystal display (LCD) modules and light emitting diodes (LEDs). The Company's information appliance peripheral products include game consoles, vehicle anti-collision systems, financial terminal systems, computers, wireless sensing devices and others. Its electronic components consist of switches, variable resistors, bit generators, sensors and others. The Company also provides lighting products. The Company distributes its products within domestic market and to overseas markets.
FORWARD ELECTRONICS CO., LTD. 
