Megawin Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 07, 2023
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Megawin Technology 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 85.94 million compared to TWD 131.01 million a year ago. Net loss was TWD 20.3 million compared to net income of TWD 7.32 million a year ago. Basic loss per share from continuing operations was TWD 0.51 compared to basic earnings per share from continuing operations of TWD 0.19 a year ago. Diluted loss per share from continuing operations was TWD 0.51 compared to diluted earnings per share from continuing operations of TWD 0.18 a year ago.
For the six months, sales was TWD 159.64 million compared to TWD 305.8 million a year ago. Net loss was TWD 38.39 million compared to net income of TWD 40.3 million a year ago. Basic loss per share from continuing operations was TWD 0.97 compared to basic earnings per share from continuing operations of TWD 1.03 a year ago. Diluted loss per share from continuing operations was TWD 0.97 compared to diluted earnings per share from continuing operations of TWD 0.93 a year ago.
Megawin Technology Co., Ltd. is a Taiwan-based company principally engaged in the design and sales of microcontrollers. The Company's products include 8051 microcontrollers, 6502 microcontrollers, input/output (I/O) type microcontrollers, liquid crystal display (LCD) type microcontrollers, universal serial bus (USB) microcontrollers, mobile power supply microcontrollers, fast charging microcontrollers and light emitting diode (LED) driver integrated circuits (ICs), among others. Its products are applied in the meters, industrial controllers, home appliances, communications products, network toys, remote controllers, handhold game machines, digital clocks and watches, electrical meter displays, digital memo pads and others. The Company distributes its products mainly in Asia.
MEGAWIN TECHNOLOGY CO., LTD. 
