Tainergy Tech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 07:03 am EDT
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Tainergy 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 711.61 million compared to TWD 569.21 million a year ago. Net income was TWD 65.46 million compared to net loss of TWD 19.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to basic loss per share from continuing operations of TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to diluted loss per share from continuing operations of TWD 0.09 a year ago.
For the six months, sales was TWD 1,341.39 million compared to TWD 894.26 million a year ago. Net income was TWD 112.81 million compared to net loss of TWD 87.91 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to basic loss per share from continuing operations of TWD 0.39 a year ago. Diluted earnings per share from continuing operations was TWD 0.5 compared to diluted loss per share from continuing operations of TWD 0.39 a year ago.
Tainergy Tech Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of solar cells and solar modules. The Company's products include six-inch multi-crystalline silicon solar cells and six-inch mono-crystalline silicon solar cells. Its products are primarily applied in watches, mini-size computers, battery chargers, solar electrical bicycles, power generations and others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia and Europe.
TAINERGY TECH CO., LTD. 
