Lien Chang Electronic Enterprise Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 03:27 am EDT
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Lien Chang Electronic Enterprise 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 135.45 million compared to TWD 271.34 million a year ago. Net loss was TWD 16.46 million compared to net income of TWD 6.67 million a year ago. Basic loss per share from continuing operations was TWD 0.15 compared to basic earnings per share from continuing operations of TWD 0.06 a year ago. Diluted loss per share from continuing operations was TWD 0.15 compared to diluted earnings per share from continuing operations of TWD 0.06 a year ago.
For the six months, sales was TWD 292.81 million compared to TWD 520.66 million a year ago. Net loss was TWD 35.56 million compared to TWD 6.06 million a year ago. Basic loss per share from continuing operations was TWD 0.32 compared to TWD 0.05 a year ago. Diluted loss per share from continuing operations was TWD 0.32 compared to TWD 0.05 a year ago.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power supply products. The Companyâs products consist of linear power supplies, switching power supplies, transformers, direct current (DC) converters and rectifiers, alternating current (AC) adaptors, as well as chargers and uninterruptible power supply (UPS) products, which are applied in communication, computer, consumer electronics, medical, aerospace, industrial and automatic control, and other industries. The Company distributes its products in domestic market and to overseas market, including the rest of Asia, and other overseas markets.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD 
