U-MEDIA Communications, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 06:59 pm EDT
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U-MEDIA Communications, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 633.69 million compared to TWD 755.5 million a year ago. Revenue was TWD 633.69 million compared to TWD 755.5 million a year ago. Net income was TWD 62.54 million compared to TWD 65.98 million a year ago. Basic earnings per share from continuing operations was TWD 1.66 compared to TWD 2.02 a year ago. Diluted earnings per share from continuing operations was TWD 1.65 compared to TWD 2.01 a year ago.
For the six months, sales was TWD 1,214.97 million compared to TWD 1,210.72 million a year ago. Revenue was TWD 1,214.97 million compared to TWD 1,210.72 million a year ago. Net income was TWD 93.07 million compared to TWD 105.36 million a year ago. Basic earnings per share from continuing operations was TWD 2.59 compared to TWD 3.23 a year ago. Diluted earnings per share from continuing operations was TWD 2.57 compared to TWD 3.2 a year ago.
U-MEDIA Communications, Inc. is a Taiwan-based company principally engaged in the design and manufacture of network communications equipment. The Company's main products include wireless broadband network applications, multimedia digital gateways and others. The Company distributes its products mainly to overseas markets, such as the Americas and Europe.