Vate Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 27, 2023 at 06:34 pm EDT
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Vate 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 66.83 million compared to TWD 74.03 million a year ago. Net loss was TWD 1.51 million compared to net income of TWD 6.72 million a year ago. Basic loss per share from continuing operations was TWD 0.02 compared to basic earnings per share from continuing operations of TWD 0.09 a year ago. Diluted loss per share from continuing operations was TWD 0.02 compared to diluted earnings per share from continuing operations of TWD 0.09 a year ago.
For the six months, sales was TWD 120.39 million compared to TWD 153.71 million a year ago. Net loss was TWD 15.96 million compared to net income of TWD 9.31 million a year ago. Basic loss per share from continuing operations was TWD 0.2 compared to basic earnings per share from continuing operations of TWD 0.12 a year ago. Diluted loss per share from continuing operations was TWD 0.2 compared to diluted earnings per share from continuing operations of TWD 0.12 a year ago.
VATE TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in central processing unit (CPU) testing business. The Company mainly provides logic testing services, including the testing of logic ICs, such as high-pin-count chipset ICs and communication ICs; power IC testing services, and CPU testing services, including the testing services of CPUs and peripheral products. The Company distributes its products in domestic market and to overseas markets.
VATE TECHNOLOGY CO., LTD. 
