Phihong Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Phihong 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 3,194.22 million compared to TWD 3,391.97 million a year ago. Net income was TWD 117.76 million compared to TWD 69.99 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 0.19 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to TWD 0.19 a year ago.
For the six months, sales was TWD 5,974.12 million compared to TWD 6,361.08 million a year ago. Net income was TWD 161.53 million compared to net loss of TWD 10.42 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to basic loss per share from continuing operations of TWD 0.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.43.
PHIHONG TECHNOLOGY CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacturing and distribution of power supplies. The Companyâs primary products include wall mount adapters, battery chargers, car chargers, direct current (DC) modules, liquid crystal display (LCD) panel adapters, open frame power products, LCD panel inverters and electronic ballasts. Its products are mainly used in mobile phones, personal digital assistants (PDAs), digital cameras and game console fields. The Company mainly distributes its products in Asian, European and American markets.
PHIHONG TECHNOLOGY CO., LTD. 
