Jih Lin Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 03:39 am EST
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Jih Lin Technology 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 1,325.25 million compared to TWD 1,605.32 million a year ago. Net income was TWD 46.68 million compared to TWD 103.88 million a year ago. Basic earnings per share from continuing operations was TWD 0.46 compared to TWD 1.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.46 compared to TWD 1.01 a year ago.
For the nine months, sales was TWD 3,865.56 million compared to TWD 4,889.92 million a year ago. Net income was TWD 156.02 million compared to TWD 390.56 million a year ago. Basic earnings per share from continuing operations was TWD 1.53 compared to TWD 3.83 a year ago. Diluted earnings per share from continuing operations was TWD 1.53 compared to TWD 3.82 a year ago.
Jih Lin Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of various kinds of power lead frames. The Company's main products include power unit lead frames, optoelectronic component lead frames, integrated circuit lead frames and plastic molds. The Company's products are mainly used in light-emitting diodes (LEDs), automotive electronic parts, personal computers (PCs), home appliances, consumer electronics and communication power components. The Company distributes its products in domestic market and to overseas markets, including mainland China and others.