Promate Electronic Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 05:12 am EDT
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Promate Electronic 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 6,739.41 million compared to TWD 7,723.23 million a year ago. Net income was TWD 241.36 million compared to TWD 250.45 million a year ago. Basic earnings per share from continuing operations was TWD 1.14 compared to TWD 1.26 a year ago. Diluted earnings per share from continuing operations was TWD 1.13 compared to TWD 1.18 a year ago.
For the six months, sales was TWD 13,660.21 million compared to TWD 16,190.89 million a year ago. Net income was TWD 409.04 million compared to TWD 553.55 million a year ago. Basic earnings per share from continuing operations was TWD 1.93 compared to TWD 2.82 a year ago. Diluted earnings per share from continuing operations was TWD 1.91 compared to TWD 2.6 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.