WIN Semiconductors Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 30, 2023
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WIN Semiconductors Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 3,943.89 million compared to TWD 5,297.33 million a year ago. Net loss was TWD 96.92 million compared to net income of TWD 644.03 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to basic earnings per share from continuing operations of TWD 1.52 a year ago. Diluted loss per share from continuing operations was TWD 0.26 compared to diluted earnings per share from continuing operations of TWD 1.52 a year ago.
For the six months, sales was TWD 6,803.45 million compared to TWD 10,894.32 million a year ago. Net loss was TWD 498.73 million compared to net income of TWD 1,526.25 million a year ago. Basic loss per share from continuing operations was TWD 1.18 compared to basic earnings per share from continuing operations of TWD 3.6 a year ago. Diluted loss per share from continuing operations was TWD 1.4 compared to diluted earnings per share from continuing operations of TWD 3.59 a year ago.
WIN Semiconductors Corp is a Taiwan-based company principally engaged in the provision of gallium arsenide wafers original equipment manufacturer (OEM) services. The Company provides semiconductor manufacturing technology and customer-related layout services and wafer automated circuit testing, automated inspection and other services. In the microwave high-tech field of wireless broadband communications, the Company mainly provides heterojunction bipolar transistors (HBT) and pseudomorphic high electron mobility transistors (pHEMT). In optical communications and 3D sensing field, the Company provides the development and manufacturing service of optoelectronic products. The Company is also developing optoelectronic component technology in automotive, data center and fiber-related applications. The Company's products are mainly sold to Asia, America, Europe and Taiwan.