Shun On Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:32 am EDT
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Shun On 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 374.74 million compared to TWD 512.82 million a year ago. Net loss was TWD 19.42 million compared to net income of TWD 18.85 million a year ago. Basic loss per share from continuing operations was TWD 0.13 compared to basic earnings per share from continuing operations of TWD 0.13 a year ago. Diluted loss per share from continuing operations was TWD 0.13 compared to diluted earnings per share from continuing operations of TWD 0.13 a year ago.
For the six months, sales was TWD 590.72 million compared to TWD 971.7 million a year ago. Net loss was TWD 63.15 million compared to net income of TWD 7.79 million a year ago. Basic loss per share from continuing operations was TWD 0.43 compared to basic earnings per share from continuing operations of TWD 0.05 a year ago. Diluted loss per share from continuing operations was TWD 0.43 compared to diluted earnings per share from continuing operations of TWD 0.05 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.
SHUN ON ELECTRONIC CO., LTD. 
