Key Ware Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:14 am EDT
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Key Ware Electronics 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 243.81 million compared to TWD 350.9 million a year ago. Net loss was TWD 27.52 million compared to TWD 33.98 million a year ago. Basic loss per share from continuing operations was TWD 0.1384 compared to TWD 0.178 a year ago. Diluted loss per share from continuing operations was TWD 0.1384 compared to TWD 0.178 a year ago.
For the six months, sales was TWD 492.66 million compared to TWD 734.25 million a year ago. Net income was TWD 149.81 million compared to net loss of TWD 52.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.781 compared to basic loss per share from continuing operations of TWD 0.2768 a year ago. Diluted earnings per share from continuing operations was TWD 0.7316 compared to diluted loss per share from continuing operations of TWD 0.2768 a year ago.
KEY WARE ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of drill bits. The Companyâs primary products include drill bits ranging from 0.075 millimeter to 6.5 millimeters. These products are mainly used in the manufacture of printed circuit boards (PCBs), such as flexible circuit boards, hard single-sided circuit boards, hard double-sided boards, aluminum substrates and integrated circuit boards. The Company is also engaged in the provision of value-added services related to the manufacturing of drill bits. The Company mainly operates through two business segments: drill bits business segment and trading business segment. The Company mainly distributes its products in domestic and overseas markets, including the Americas, Europe and other Asian markets.
KEY WARE ELECTRONICS CO., LTD. 
