Ability Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:29 pm
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Ability Enterprise 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 1,099.49 million compared to TWD 1,468.77 million a year ago. Net income was TWD 60.18 million compared to TWD 31.42 million a year ago. Basic earnings per share from continuing operations was TWD 0.21 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.21 compared to TWD 0.11 a year ago.
For the six months, sales was TWD 2,028.38 million compared to TWD 2,511.74 million a year ago. Net loss was TWD 6.37 million compared to net income of TWD 9.79 million a year ago. Basic loss per share from continuing operations was TWD 0.02 compared to basic earnings per share from continuing operations of TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.02 compared to diluted earnings per share from continuing operations of TWD 0.03 a year ago.
ABILITY ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of photographic products. The Company's main products consist of digital still cameras (DSCs), digital videos (DVs) as well as camera modules. The Company also provides original design manufacturer (ODM) and original equipment manufacturer (OEM) services for international digital camera factories. The Company's products are applied in the shooting and storage of images. It distributes its products mainly in Japan, Europe, the Americas and Asia markets.