Jentech Precision Industrial Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 07:23 am EDT
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Jentech Precision Industrial 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 2,838.5 million compared to TWD 2,850.29 million a year ago. Net income was TWD 570.44 million compared to TWD 653.27 million a year ago. Basic earnings per share from continuing operations was TWD 4.14 compared to TWD 4.9 a year ago. Diluted earnings per share from continuing operations was TWD 4.07 compared to TWD 4.75 a year ago.
For the six months, sales was TWD 5,663.5 million compared to TWD 5,363.12 million a year ago. Net income was TWD 1,064.46 million compared to TWD 1,113.58 million a year ago. Basic earnings per share from continuing operations was TWD 7.78 compared to TWD 8.35 a year ago. Diluted earnings per share from continuing operations was TWD 7.56 compared to TWD 8.05 a year ago.
Jentech Precision Industrial Co., Ltd is a Taiwan-based company principally engaged in the manufacture and sales of heat spreaders and lead frames. The Company's products also include electronic peripherals, communication equipment and the related accessories. The Company's products include light-emitting diode (LED) lead frames, heat spreaders, electro-magnetic interference (EMI) shielding cases and high frequency coaxial connectors. Its LED lead frames are applied in monitors, traffic signs, stoplights, backlight boards and others. Its heat spreaders are applied in advanced integrated circuit (IC) packages and semiconductor devices. Its EMI shielding cases are applied in wireless communication products such as laptops, mobile phones, personal digital assistants (PDAs) and others. Its high frequency coaxial connectors are applied in radar and microwave communication systems. The Company distributes its products within domestic market and to overseas markets.