Topoint Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 04, 2023 at 03:05 am EDT
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Topoint 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 624.83 million compared to TWD 906.44 million a year ago. Revenue was TWD 612.58 million compared to TWD 892.31 million a year ago. Net loss was TWD 123.33 million compared to net income of TWD 123.51 million a year ago. Basic loss per share from continuing operations was TWD 0.87 compared to basic earnings per share from continuing operations of TWD 0.87 a year ago.
For the six months, sales was TWD 1,251.7 million compared to TWD 1,838.35 million a year ago. Revenue was TWD 1,229.22 million compared to TWD 1,810.19 million a year ago. Net loss was TWD 107.16 million compared to net income of TWD 225.59 million a year ago. Basic loss per share from continuing operations was TWD 0.75 compared to basic earnings per share from continuing operations of TWD 1.59 a year ago.
TOPOINT TECHNOLOGY CO., LTD. is principally engaged in the manufacture and distribution of precision processing tools for printed circuit boards (PCBs). The Companyâs main products consist of drill bits, including straight drill, under cut drill and inverse drill types; router bits, including diamond cut, chip break and two blade router types, as well as slot drills and milling cutters. Its products are applied primarily in computer, communication and consumer electronic (3C) industries for the processing and cutting of integrated circuit (IC) substrates, high density interconnect (HDI) PCBs and traditional PCBs, among others. The Company distributes its products primarily in Taiwan, Mainland China and other regions.
TOPOINT TECHNOLOGY CO., LTD. 
