Gallant Micro. Machining Co., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 05:00 pm EDT
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Gallant Micro. Machining 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 226.85 million compared to TWD 427.77 million a year ago. Net income was TWD 29.69 million compared to TWD 92.14 million a year ago. Basic earnings per share from continuing operations was TWD 1.05 compared to TWD 3.39 a year ago. Diluted earnings per share from continuing operations was TWD 1.05 compared to TWD 3.36 a year ago.
For the six months, sales was TWD 483.32 million compared to TWD 822.04 million a year ago. Net income was TWD 43.4 million compared to TWD 171.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.53 compared to TWD 6.31 a year ago. Diluted earnings per share from continuing operations was TWD 1.52 compared to TWD 6.22 a year ago.
GALLANT MICRO. MACHINING CO., LTD. is a Taiwan-based company principally engaged in the manufacture of semiconductor manufacturing equipment, as well as the provision of components and technical services. The Companyâs main products include Integrated Circuit (IC) packaging equipment, such as chip sorters, die bonders, auto molds and laser marks; IC packaging back ends, such as mold chases of auto molds, molds and precision components of punching machines; semiconductor automation machines, such as automatic tray exchange machines, fully auto sputter inline machines and automatic optical inspection machines. The Companyâs products are mainly sold in domestic market and other Asian areas as well.