Hotron Precision Electronic Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
Share
Hotron Precision Electronic Industrial Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 577.31 million compared to TWD 803.7 million a year ago. Net income was TWD 12.44 million compared to TWD 55.12 million a year ago. Basic earnings per share from continuing operations was TWD 0.12 compared to TWD 0.57 a year ago. Diluted earnings per share from continuing operations was TWD 0.12 compared to TWD 0.57 a year ago.
For the nine months, sales was TWD 1,634.97 million compared to TWD 2,807.76 million a year ago. Net loss was TWD 69.28 million compared to net income of TWD 122.67 million a year ago. Basic loss per share from continuing operations was TWD 0.67 compared to basic earnings per share from continuing operations of TWD 1.28 a year ago. Diluted loss per share from continuing operations was TWD 0.67 compared to diluted earnings per share from continuing operations of TWD 1.27 a year ago.
HOTRON PRECISION ELECTRONIC INDUSTRIAL CO.LTD. is a Taiwan-based company principally engaged in the manufacture and sales of various kinds of transmission lines. The Company's main products include signal lines, connectors, connection lines, power cords, wires and cables and copper products. The Company's products are mainly used in the areas of information, communications, precision machinery and consumer electronics. The Company distributes its products mainly in Asian market.