Gallant Precision Machining Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 05:10 pm
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Gallant Precision Machining 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 658.17 million compared to TWD 1,136.72 million a year ago. Net income was TWD 42.8 million compared to TWD 103.25 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to TWD 0.64 a year ago. Diluted earnings per share from continuing operations was TWD 0.26 compared to TWD 0.64 a year ago.
For the six months, sales was TWD 1,396.16 million compared to TWD 2,231.45 million a year ago. Net income was TWD 81.35 million compared to TWD 211.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 1.32 a year ago. Diluted earnings per share from continuing operations was TWD 0.49 compared to TWD 1.31 a year ago.
Gallant Precision Machining Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of display process equipment, semiconductor process equipment and intelligent automation equipment. The Company provides integrated circuit (IC) packaging front-end equipment, IC packaging back-end equipment, as well as thin film transistor (TFT)-LCD, organic light-emitting diode (OLED), three dimensions (3D) displays and touch panel equipment. The Company also provides manufacture and test equipment for solar panels, as well as automation handling systems and others. The Company distributes its products in domestic market and to overseas markets.