Podak Co., LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 05:03 pm EST
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Podak 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 791.21 million compared to TWD 556.96 million a year ago. Revenue was TWD 791.21 million compared to TWD 556.96 million a year ago. Net income was TWD 63.65 million compared to TWD 65.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.19 compared to TWD 1.22 a year ago. Diluted earnings per share from continuing operations was TWD 1.18 compared to TWD 1.21 a year ago.
For the nine months, sales was TWD 2,145.65 million compared to TWD 2,132.74 million a year ago. Revenue was TWD 2,145.65 million compared to TWD 2,132.74 million a year ago. Net income was TWD 148.62 million compared to TWD 209.21 million a year ago. Basic earnings per share from continuing operations was TWD 2.77 compared to TWD 3.91 a year ago. Diluted earnings per share from continuing operations was TWD 2.75 compared to TWD 3.87 a year ago.
PODAK CO., LTD. is principally engaged in the agent distribution of Panasonic passive products and Panasonic active products. The Company is also engaged in the distribution of other products, including batteries, relays, motors, connectors, surveillance system equipment, light-emitting diode (LED) tubes and home appliances. The Panasonic passive products include solid capacitors, electrolytic capacitors, plastic capacitors, power chokes and gold capacitors. The Panasonic active products include transistors, diodes, metal oxide semiconductor field effect transistor (MOSFETs) and LEDs. The Company distributes its products in Taiwan and Mainland China.
PODAK CO., LTD. 
