Lung Hwa 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 20.85 million compared to TWD 22.21 million a year ago. Net loss was TWD 54.4 million compared to TWD 41.02 million a year ago. Basic loss per share from continuing operations was TWD 1.12 compared to TWD 1.21 a year ago.
For the six months, sales was TWD 46.73 million compared to TWD 36.73 million a year ago. Net loss was TWD 91.01 million compared to TWD 86.11 million a year ago. Basic loss per share from continuing operations was TWD 1.88 compared to TWD 2.53 a year ago.