Singatron Enterprise Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 30, 2023
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Singatron Enterprise Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 945.26 million compared to TWD 1,050.95 million a year ago. Net income was TWD 51.02 million compared to TWD 60.53 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to TWD 0.51 a year ago.
For the nine months, sales was TWD 2,646.46 million compared to TWD 3,018.94 million a year ago. Net income was TWD 140.59 million compared to TWD 183.32 million a year ago. Basic earnings per share from continuing operations was TWD 1.2 compared to TWD 1.51 a year ago. Diluted earnings per share from continuing operations was TWD 1.2 compared to TWD 1.51 a year ago.
SINGATRON ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electronic connectors. The Company mainly operates through two business segments. The Connectors Operation segment is mainly engaged in the manufacture and sales of connectors. The Electronic Components segment is mainly engaged in the trading of spare parts of set-top boxes. The Companyâs primary products include signal connectors, power connectors and others. Its products are mainly used in the manufacture of computers, telecommunication products, consumer electronics, industrial electronics, medical appliances, automobiles and mobile phones. The Company mainly distributes its products in Taiwan, the Mainland China and other regions.