Fuzetec Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 01, 2023 at 04:24 pm EDT
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Fuzetec Technology 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 99.1 million compared to TWD 126.17 million a year ago. Net income was TWD 19.34 million compared to TWD 51.33 million a year ago. Basic earnings per share from continuing operations was TWD 0.52 compared to TWD 1.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.52 compared to TWD 1.37 a year ago.
For the six months, sales was TWD 204.48 million compared to TWD 273.35 million a year ago. Net income was TWD 32.96 million compared to TWD 102.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.88 compared to TWD 2.73 a year ago. Diluted earnings per share from continuing operations was TWD 0.88 compared to TWD 2.72 a year ago.
Fuzetec Technology Co., Ltd. is engaged in the manufacture of electronic components. The Company is mainly involved in the research, development, manufacture and distribution of polymeric positive temperature coefficient resettable fuses (PPTC), which are used in vehicles, communication networks, industrial control automation and green energy field, among others. The Company mainly distributes its products within domestic and overseas markets.