Taiwan Oasis Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Taiwan Oasis Technology 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 52.69 million compared to TWD 67.23 million a year ago. Net loss was TWD 44.3 million compared to net income of TWD 38.98 million a year ago. Basic loss per share from continuing operations was TWD 0.53 compared to basic earnings per share from continuing operations of TWD 0.47 a year ago.
For the six months, sales was TWD 108.28 million compared to TWD 143 million a year ago. Net loss was TWD 87.99 million compared to net income of TWD 58.03 million a year ago. Basic loss per share from continuing operations was TWD 1.06 compared to basic earnings per share from continuing operations of TWD 0.7 a year ago.
TAIWAN OASIS TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the design, development, manufacture and distribution of light emitting diode (LED) related products. The Companyâs primary products include LED indicator lights, LED displays, electronic reflection covers, surface mounted device (SMD) LED products, LED monitors, LED wafers and chips. The Company mainly operates through three business segments. The LED Optoelectronic Products segment is mainly engaged in the design, development, manufacture and processing of LED products. The Epitaxy Products segment is principally engaged in the development, manufacture and trading of LED grain. The Others segment is mainly engaged in the design, manufacture and processing of plastic moulds.