YFC-Boneagle Electric Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 04:47 am EST
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YFC-Boneagle Electric 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 2,657.31 million compared to TWD 3,172.31 million a year ago. Net loss was TWD 38.42 million compared to net income of TWD 1,155.23 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 8.3 a year ago. Diluted loss per share from continuing operations was TWD 0.27 compared to diluted earnings per share from continuing operations of TWD 8.1 a year ago.
For the nine months, sales was TWD 7,352.66 million compared to TWD 9,254.59 million a year ago. Net loss was TWD 158.97 million compared to net income of TWD 1,225.07 million a year ago. Basic loss per share from continuing operations was TWD 1.1 compared to basic earnings per share from continuing operations of TWD 9.11 a year ago. Diluted loss per share from continuing operations was TWD 1.1 compared to diluted earnings per share from continuing operations of TWD 8.66 a year ago.
YFC-BonEagle ELECTRIC CO.,LTD is a Taiwan-based company principally engaged in the assembly, manufacture and sales of local communications network lines, fiber optic connection materials, parts and accessories. The Company's main products include network cables, power cords and others. The Company's products are mainly used in communications equipment, transmission equipment, computer hosts and peripheral equipment, as well as consumer electronics products. The Company distributes its products in domestic market and to overseas markets, including the United States, mainland China, Canada and others.