Tai Twun Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 10:09 pm EDT
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Tai Twun Enterprise 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 4.92 million compared to TWD 6.03 million a year ago. Net loss was TWD 4.58 million compared to net income of TWD 41.02 million a year ago. Basic loss per share from continuing operations was TWD 0.1295 compared to basic earnings per share from continuing operations of TWD 1.1468 a year ago. Diluted loss per share from continuing operations was TWD 0.1295 compared to diluted earnings per share from continuing operations of TWD 1.1283 a year ago.
For the six months, sales was TWD 9.23 million compared to TWD 9.1 million a year ago. Net loss was TWD 6.64 million compared to net income of TWD 78.52 million a year ago. Basic loss per share from continuing operations was TWD 0.185 compared to basic earnings per share from continuing operations of TWD 2.1825 a year ago. Diluted loss per share from continuing operations was TWD 0.185 compared to diluted earnings per share from continuing operations of TWD 2.164 a year ago.
TAI TWUN ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electronic components. The Company provides connectors, including printed circuit board (PCB) connectors, wire connectors, input/output connectors, direct current (DC) jack connectors, board to board connectors, mini universal serial bus (USB) connectors and single card connectors, as well as terminals, card readers, electronic card converters and plastic components. It distributes its products principally in Taiwan, Mainland China, Hong Kong, the Americas, Europe and Australia.