Promate Electronic Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 05:25 am EDT
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Promate Electronic Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 7,723.23 million compared to TWD 7,997.99 million a year ago. Net income was TWD 250.45 million compared to TWD 182.98 million a year ago. Basic earnings per share from continuing operations was TWD 1.26 compared to TWD 1.01 a year ago. Diluted earnings per share from continuing operations was TWD 1.18 compared to TWD 0.89 a year ago.
For the six months, sales was TWD 16,190.89 million compared to TWD 15,842.52 million a year ago. Net income was TWD 553.55 million compared to TWD 402.79 million a year ago. Basic earnings per share from continuing operations was TWD 2.82 compared to TWD 2.24 a year ago. Diluted earnings per share from continuing operations was TWD 2.6 compared to TWD 1.95 a year ago.
PROMATE ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the agency distribution of electronic components, as well as the development and sales of panel modules. The Company's main products include application-specific liquid crystal panels and related products, linear and distributed components, application chips, image processing integrated circuits, microcomputer controllers, light emitting diodes (LEDs) and memory devices. The Company distributes its products in Asia, the Americas and Europe markets.