Lingsen Precision Industries, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 04:34 pm EST
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Lingsen Precision Industries, 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 1,499.9 million compared to TWD 1,358.22 million a year ago. Net loss was TWD 15.54 million compared to TWD 31.62 million a year ago. Basic loss per share from continuing operations was TWD 0.04 compared to TWD 0.08 a year ago. Diluted loss per share from continuing operations was TWD 0.04 compared to TWD 0.08 a year ago.
For the nine months, sales was TWD 4,200.05 million compared to TWD 4,769.84 million a year ago. Net loss was TWD 107.27 million compared to net income of TWD 195.31 million a year ago. Basic loss per share from continuing operations was TWD 0.29 compared to basic earnings per share from continuing operations of TWD 0.52 a year ago. Diluted loss per share from continuing operations was TWD 0.29 compared to diluted earnings per share from continuing operations of TWD 0.52 a year ago.
LINGSEN PRECISION INDUSTRIES, LTD. is a Taiwan-based company principally engaged in the packaging, processing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Company mainly operates its businesses through packaging and testing of ICs and semiconductor products, including small outline package (SOP), shrink small outline package (SSOP), thin small outline package (TSOP), thin shrink small outline package (TSSOP), plastic leadless chip carrier (PLCC), quad flat package (QFP), thin quad flat package (TQFP) services, as well as photo detect ICs (PD-ICs) and others. Its products are applied in the consumer electronics, automobile electronic products, memory products, communication equipment and power management products. The Company conducts its businesses primarily in Taiwan, the Americas, the rest of Asia and Europe.
LINGSEN PRECISION INDUSTRIES, LTD. 
