Teco Image Systems Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:33 am EDT
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Teco Image Systems 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 364.14 million compared to TWD 467.65 million a year ago. Net income was TWD 20.78 million compared to net loss of TWD 2.85 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to basic loss per share from continuing operations of TWD 0.04 a year ago. Diluted earnings per share from continuing operations was TWD 0.26 compared to diluted loss per share from continuing operations of TWD 0.04 a year ago.
For the six months, sales was TWD 612.54 million compared to TWD 811.6 million a year ago. Net loss was TWD 19.11 million compared to TWD 28.45 million a year ago. Basic loss per share from continuing operations was TWD 0.24 compared to TWD 0.36 a year ago. Diluted loss per share from continuing operations was TWD 0.24 compared to TWD 0.36 a year ago.
TECO Image Systems Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of digital multi-function printers (MFPs) and digital MFP modules. Its MFPs include multifunctional laser plain paper fax machines, network-based multifunctional laser plain paper fax machines and multifunctional digital copiers. The digital MFP module products include automatic document feeder (ADF) modules, scanning modules, charge coupled device (CCD) modules, contact image sensor (CIS) modules, fax kits, controllers and operation panel modules. The Company mainly distributes its products in Asian market.