Yufo Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Yufo Electronics 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 323.68 million compared to TWD 332.1 million a year ago. Net income was TWD 46.85 million compared to net loss of TWD 4.43 million a year ago. Basic earnings per share from continuing operations was TWD 0.98 compared to basic loss per share from continuing operations of TWD 0.0875 a year ago. Diluted earnings per share from continuing operations was TWD 0.98 compared to diluted loss per share from continuing operations of TWD 0.0875 a year ago.
For the six months, sales was TWD 644.92 million compared to TWD 619.13 million a year ago. Net income was TWD 72.31 million compared to net loss of TWD 25.17 million a year ago. Basic earnings per share from continuing operations was TWD 1.51 compared to basic loss per share from continuing operations of TWD 0.525 a year ago. Diluted earnings per share from continuing operations was TWD 1.51 compared to diluted loss per share from continuing operations of TWD 0.525 a year ago.
YUFO ELECTRONICS CO.,LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of various types of printed circuit boards. The Company's main products include multilayer printed circuit boards, double-sided printed circuit boards and others. The Company is also involved in the manufacture, processing and sales of electronic products and parts, as well as the provision of maintenance and installation services. The Company is also engaged in the sales of general chemical raw materials. The Company distributes its products in Hong Kong market.