Weikeng Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 01:23 am EST
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Weikeng Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 18,664.88 million compared to TWD 18,203.78 million a year ago. Net income was TWD 253.89 million compared to TWD 372.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to TWD 0.88 a year ago. Diluted earnings per share from continuing operations was TWD 0.54 compared to TWD 0.78 a year ago.
For the nine months, sales was TWD 52,700.12 million compared to TWD 52,549.34 million a year ago. Net income was TWD 559.47 million compared to TWD 1,421.24 million a year ago. Basic earnings per share from continuing operations was TWD 1.32 compared to TWD 3.38 a year ago. Diluted earnings per share from continuing operations was TWD 1.15 compared to TWD 3.14 a year ago.
Weikeng Industrial Co Ltd is a Taiwan-based company mainly engaged in the agency distribution of electronic components and computer peripheral equipment, as well as technical services and import and export business. The products distributed by the Company can be classified according to product characteristics into chipsets/special application standard integrated circuits (ICs), mixed signals and distributed components. The application fields of distributed products include computer information, industrial electronics, consumer electronics, network communications, and automotive electronics. Products are mainly sold in China.