Sunflex Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Sunflex Tech 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 216.7 million compared to TWD 278.48 million a year ago. Revenue was TWD 216.7 million compared to TWD 278.48 million a year ago. Net income was TWD 55.63 million compared to TWD 56.51 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to TWD 0.83 a year ago. Diluted earnings per share from continuing operations was TWD 0.81 compared to TWD 0.82 a year ago.
For the nine months, sales was TWD 579.96 million compared to TWD 814.66 million a year ago. Revenue was TWD 579.96 million compared to TWD 814.66 million a year ago. Net income was TWD 85.43 million compared to TWD 113.04 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 1.67 a year ago. Diluted earnings per share from continuing operations was TWD 1.24 compared to TWD 1.65 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.