Song Shang Electronics Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 06:25 pm EDT
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Song Shang Electronics 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 889.47 million compared to TWD 1,040.84 million a year ago. Revenue was TWD 889.47 million compared to TWD 1,040.84 million a year ago. Net income was TWD 61.73 million compared to TWD 106.43 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to TWD 1.34 a year ago. Diluted earnings per share from continuing operations was TWD 0.68 compared to TWD 1.16 a year ago.
For the nine months, sales was TWD 2,394.76 million compared to TWD 3,154.31 million a year ago. Revenue was TWD 2,394.76 million compared to TWD 3,154.31 million a year ago. Net income was TWD 129.92 million compared to TWD 165.02 million a year ago. Basic earnings per share from continuing operations was TWD 1.67 compared to TWD 2.06 a year ago. Diluted earnings per share from continuing operations was TWD 1.45 compared to TWD 1.82 a year ago.
SONG SHANG ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The Company mainly operates through three business segments. The PCB Business segment is mainly engaged in the manufacture and sales of printed circuit boards. The Transformer Business segment is mainly engaged in the manufacture and sales of transformers and resistors. The Wires Business segment is mainly engaged in the manufacture and sales of electronic wires. The Company mainly distributes its products in domestic market and overseas markets, including the Mainland China, the United States of America (the USA), Japan and Germany.