Posiflex Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:22 am EDT
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Posiflex Technology, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 2,544.44 million compared to TWD 2,914.18 million a year ago. Net income was TWD 135.83 million compared to TWD 234.07 million a year ago. Basic earnings per share from continuing operations was TWD 1.8 compared to TWD 3.12 a year ago. Diluted earnings per share from continuing operations was TWD 1.63 compared to TWD 2.55 a year ago.
For the six months, sales was TWD 4,924.5 million compared to TWD 5,574.5 million a year ago. Net income was TWD 226.21 million compared to TWD 460.83 million a year ago. Basic earnings per share from continuing operations was TWD 3 compared to TWD 6.13 a year ago. Diluted earnings per share from continuing operations was TWD 2.82 compared to TWD 5.03 a year ago.
Posiflex Technology Inc is a Taiwan-based company principally engaged in the research, development, manufacture and sale of industrial computer system products and industrial computer peripheral products. The industrial computer system products include point-of-sale (POS) systems, information service systems and industrial computer products. The industrial computer peripheral products include POS peripheral equipment. The Company's products are mainly applied in the areas of retailing, Internet of things and finance. The Company distributes its products mainly to the Americas, Europe and Asia markets.