Everspring Industry Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:40 am
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Everspring Industry 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 52.54 million compared to TWD 34.01 million a year ago. Revenue was TWD 167.6 million compared to TWD 142.11 million a year ago. Net income was TWD 14.84 million compared to net loss of TWD 250.3 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to basic loss per share from continuing operations of TWD 1.3 a year ago.
For the six months, sales was TWD 94.13 million compared to TWD 70.25 million a year ago. Revenue was TWD 320.6 million compared to TWD 279.52 million a year ago. Net loss was TWD 70.88 million compared to TWD 346.45 million a year ago. Basic loss per share from continuing operations was TWD 0.37 compared to TWD 1.8 a year ago.
EVERSPRING INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of security products. The Company's major products include sensor system products; household security system products, including wireless burglar alarm hosts, sensors and sirens; surveillance system products and home automation control system products. In addition, the Company provides smart lighting products. The Company distributes its products primarily in Europe and the Americas, as well as domestic market and other regions.