Usun Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 14, 2022 at 11:01 pm EDT
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Usun Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 168.96 million compared to TWD 498.1 million a year ago. Revenue was TWD 167.93 million compared to TWD 487.73 million a year ago. Net loss was TWD 79.55 million compared to net income of TWD 57.23 million a year ago. Basic loss per share from continuing operations was TWD 1.3 compared to basic earnings per share from continuing operations of TWD 0.93 a year ago. Diluted loss per share from continuing operations was TWD 1.3 compared to diluted earnings per share from continuing operations of TWD 0.93 a year ago.
For the six months, sales was TWD 454.75 million compared to TWD 893.94 million a year ago. Revenue was TWD 453.4 million compared to TWD 882.52 million a year ago. Net loss was TWD 80.97 million compared to net income of TWD 87.72 million a year ago. Basic loss per share from continuing operations was TWD 1.32 compared to basic earnings per share from continuing operations of TWD 1.43 a year ago. Diluted loss per share from continuing operations was TWD 1.32 compared to diluted earnings per share from continuing operations of TWD 1.43 a year ago.
USUN TECHNOLOGY CO., LTD. is principally engaged in the manufacture and distribution of automatic equipment. The Companyâs products mainly include copper clad laminate (CCL) whole-plant equipment, flat panel display (FPD) automation equipment and printed circuit board (PCB) automation equipment. The Companyâs automatic equipment is applied in the processing and testing of CCLs, FPDs and PCBs. The Company is also engaged in the manufacture and distribution of photoelectric glass, elevators and lift platforms. The Company operates its business through three segments: automation business, optoelectronic business and environmental engineering business.