Well Shin Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 04:00 am EST
Share
Well Shin Technology 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 1,356.71 million compared to TWD 1,697.27 million a year ago. Net income was TWD 165.42 million compared to TWD 333.94 million a year ago. Basic earnings per share from continuing operations was TWD 1.4 compared to TWD 2.82 a year ago. Diluted earnings per share from continuing operations was TWD 1.39 compared to TWD 2.81 a year ago.
For the nine months, sales was TWD 4,024.91 million compared to TWD 4,685.3 million a year ago. Net income was TWD 402.77 million compared to TWD 630.73 million a year ago. Basic earnings per share from continuing operations was TWD 3.41 compared to TWD 5.33 a year ago. Diluted earnings per share from continuing operations was TWD 3.39 compared to TWD 5.31 a year ago.
Well Shin Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power cord sets for electronics, information, motors and appliances. The Companyâs main products include power cord sets for consumer products and electrical appliances, plastic injection parts, sockets, conversion plugs and power supplies. The Company is also involved in the electronics assembly and foundry business. The Company's products are mainly used in computers, home appliances, large servers and electronic and electrical equipment. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest of Asia and Europe.
WELL SHIN TECHNOLOGY CO., LTD. 
