Mobiletron Electronics Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 11:12 pm EST
Share
Mobiletron Electronics Co.,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 1,046.35 million compared to TWD 897.26 million a year ago. Net income was TWD 4.71 million compared to TWD 20.93 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to TWD 0.21 a year ago.
For the nine months, sales was TWD 3,074.03 million compared to TWD 2,433.08 million a year ago. Net loss was TWD 85.29 million compared to net income of TWD 68.27 million a year ago. Basic loss per share from continuing operations was TWD 0.87 compared to basic earnings per share from continuing operations of TWD 0.69 a year ago. Diluted loss per share from continuing operations was TWD 0.87 compared to diluted earnings per share from continuing operations of TWD 0.69 a year ago.
MOBILETRON ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing and sales of automobile electronic components and electric tools. The Companyâs primary products include electronic control components, automobile security systems and industrial and automobile tools. These products are mainly used in the manufacturing of automobile engines, automobile and engine igniters, automobile rectifiers and regulators, thick film mixed integrated circuits (ICs), automobile engine sensors and around view monitors (AVMs). The Company mainly operates through two business segments: electronics manufacturing segment and electric tools manufacturing and trading segment. The Company mainly exports its products to the Americas, Europe and Asia.