Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:26 am EST
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Taiwan Chinsan Electronic Industrial 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 888.41 million compared to TWD 901.1 million a year ago. Net income was TWD 9.2 million compared to TWD 23.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.07 compared to TWD 0.18 a year ago.
For the nine months, sales was TWD 2,357.38 million compared to TWD 2,839.86 million a year ago. Net income was TWD 56.66 million compared to TWD 148.13 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 1.14 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to TWD 1.11 a year ago.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of capacitors for aluminum electrolytic capacitors and solid electrolytic capacitors. The Company is mainly engaged in the provision of aluminum electrolytic capacitors, including standard products, mini-size products, large-size products, low impedance products, specialty products and solid capacitors. The Companyâs products are primarily applied in the manufacture of personal computers (PCs), notebook computers, television (TV) sets, office machines, household electrical appliances, communication products, power converters, lightening systems, electric power devices, air-conditioning systems, transmission belts, elevators, textile machines, welding machines and others.