Shun On Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Shun On 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 512.82 million compared to TWD 657.51 million a year ago. Revenue was TWD 512.82 million compared to TWD 657.51 million a year ago. Net income was TWD 18.85 million compared to net loss of TWD 49.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.13 compared to basic loss per share from continuing operations of TWD 0.34 a year ago. Diluted earnings per share from continuing operations was TWD 0.13 compared to diluted loss per share from continuing operations of TWD 0.34 a year ago.
For the six months, sales was TWD 971.7 million compared to TWD 1,335.54 million a year ago. Revenue was TWD 971.7 million compared to TWD 1,335.54 million a year ago. Net income was TWD 7.79 million compared to net loss of TWD 76.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to basic loss per share from continuing operations of TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to diluted loss per share from continuing operations of TWD 0.52 a year ago.
SHUN ON ELECTRONIC CO., LTD. is a Taiwan-based company primarily engaged in the manufacture and distribution of conductive membrane and membrane keypad products. The Company mainly operates three business segments, including Conductive Membrane segment, Membrane Keypad segment and Other segment. It provides its customers with computer keyboard conductive membrane, mobile phone keypad and chassis, shrapnel membrane, cell phone keypad module assembly and other types of membrane keypad related products. The Company is also engaged in the development and sales of automotive electronics products, including the design of automotive safety system products, the development of electrochromic rearview mirrors and smart locks for vehicles, aiming to launch whole vehicle electrical and electronic solutions. The Company primarily operates its business in Mainland China.