Symtek Automation Asia Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:10 am EST
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Symtek Automation Asia 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 1,237.97 million compared to TWD 1,603.74 million a year ago. Net income was TWD 187.04 million compared to TWD 228.36 million a year ago. Basic earnings per share from continuing operations was TWD 2.55 compared to TWD 3.2 a year ago. Diluted earnings per share from continuing operations was TWD 2.47 compared to TWD 3.19 a year ago.
For the nine months, sales was TWD 4,427.55 million compared to TWD 4,290.36 million a year ago. Net income was TWD 545.58 million compared to TWD 549.66 million a year ago. Basic earnings per share from continuing operations was TWD 7.57 compared to TWD 7.77 a year ago. Diluted earnings per share from continuing operations was TWD 7.3 compared to TWD 7.66 a year ago.
Symtek Automation Asia Co., Ltd. is a Taiwan-based company principally engaged in the planning, design, research, development, manufacture and sales of automation equipment and related products, as well as the provision of installation and after-sales services. The Company operates through three segments. The Electronic Business Unit (EBU) segment provides printed circuit boards, flex boards, integrated circuit (IC) carrier boards and packages, high-density interconnect (HDI) boards and ceramic substrates, as well as plant logistics services. The Optoelectronics Business Unit (PBU) segment provides thin-film transistor liquid crystal displays (TFT-LCDs), light-emitting diodes (LEDs), touch panels and light guide plates, as well as plant logistics and information integration services. The Semiconductor Business Unit (SBU) segment provides semiconductors, IC packaging and testing and solar power, as well as intelligent automation, plant logistics and information integration services.