Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 03:17 am EST
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Taiwan Alpha Electronic 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 105.62 million compared to TWD 91.35 million a year ago. Net income was TWD 14.73 million compared to TWD 6.51 million a year ago. Basic earnings per share from continuing operations was TWD 0.64 compared to TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.64 compared to TWD 0.28 a year ago.
For the nine months, sales was TWD 274.29 million compared to TWD 305.81 million a year ago. Net income was TWD 401.26 million compared to TWD 19.18 million a year ago. Basic earnings per share from continuing operations was TWD 17.37 compared to TWD 0.83 a year ago. Diluted earnings per share from continuing operations was TWD 17.27 compared to TWD 0.83 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.
TAIWAN ALPHA ELECTRONIC CO., LTD. 
