INPAQ Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:06 am EDT
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INPAQ 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 1,591.59 million compared to TWD 1,615.64 million a year ago. Net income was TWD 221.72 million compared to TWD 215.29 million a year ago. Basic earnings per share from continuing operations was TWD 1.58 compared to TWD 1.54 a year ago. Diluted earnings per share from continuing operations was TWD 1.58 compared to TWD 1.53 a year ago.
For the six months, sales was TWD 3,041.8 million compared to TWD 3,161.55 million a year ago. Net income was TWD 301.77 million compared to TWD 358.24 million a year ago. Basic earnings per share from continuing operations was TWD 2.15 compared to TWD 2.56 a year ago. Diluted earnings per share from continuing operations was TWD 2.14 compared to TWD 2.54 a year ago.
INPAQ TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of protection components and high-frequency components. The Company operates through two main segments. The Protection Components segment is mainly engaged in the research, manufacture and sales of electromagnetic prevention components, overvoltage protection components and over-current protection components. The High-frequency Components segment is primarily involved in the research, manufacture and sales of global positioning system (GPS) satellite antennas and modules, Bluetooth antennas, global system for mobile communications (GSM), code division multiple access (CDMA) and the third generation (3G) antennas, wireless local area network (WLAN) and wireless fidelity (WIFI), as well as various other antennas and modules. The Company distributes its products both in domestic market and to overseas markets.