Min Aik Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 07:55 am EDT
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Min Aik 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 596.29 million compared to TWD 957.39 million a year ago. Net loss was TWD 53.1 million compared to net income of TWD 74.21 million a year ago. Basic loss per share from continuing operations was TWD 0.39 compared to basic earnings per share from continuing operations of TWD 0.54 a year ago.
For the six months, sales was TWD 1,131.03 million compared to TWD 1,925.11 million a year ago. Net loss was TWD 168.2 million compared to net income of TWD 99.79 million a year ago. Basic loss per share from continuing operations was TWD 1.22 compared to basic earnings per share from continuing operations of TWD 0.73 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.
MIN AIK TECHNOLOGY CO., LTD. 
