Sunflex Tech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:10 am EDT
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Sunflex Tech 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 175.04 million compared to TWD 312.97 million a year ago. Net income was TWD 26.48 million compared to TWD 31.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 0.47 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 0.47 a year ago.
For the six months, sales was TWD 363.26 million compared to TWD 536.18 million a year ago. Net income was TWD 29.81 million compared to TWD 56.53 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to TWD 0.84 a year ago. Diluted earnings per share from continuing operations was TWD 0.43 compared to TWD 0.83 a year ago.
SUNFLEX TECH. CO., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of various types of flexible printed circuit boards. The Company's main products include double-sided flexible printed circuit boards, single-sided flexible printed circuit boards and others. The Company's products are mainly used in mobile phones, tablet computers, monitors, notebook computers, optical disc drives, liquid crystal displays (LCDs), digital cameras, digital versatile discs (DVDs) and global positioning systems (GPS). The Company distributes its products in domestic market and to overseas markets, such as the rest of Asia, Europe and the Americas.