Inmax Holding Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 29, 2023 at 05:49 pm
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Inmax Holding 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 8.46 million compared to TWD 202.88 million a year ago. Net loss was TWD 6.79 million compared to net income of TWD 15.94 million a year ago. Basic loss per share from continuing operations was TWD 0.2 compared to basic earnings per share from continuing operations of TWD 0.47 a year ago. Diluted loss per share from continuing operations was TWD 0.2 compared to diluted earnings per share from continuing operations of TWD 0.46 a year ago.
For the six months, sales was TWD 28.03 million compared to TWD 381.14 million a year ago. Net loss was TWD 22.24 million compared to net income of TWD 41.81 million a year ago. Basic loss per share from continuing operations was TWD 0.65 compared to basic earnings per share from continuing operations of TWD 1.22 a year ago. Diluted loss per share from continuing operations was TWD 0.65 compared to diluted earnings per share from continuing operations of TWD 1.21 a year ago.
INMAX HOLDING CO., LTD. is a holding company engaged in the manufacturing and distribution of pneumatic and furniture nails through its subsidiary. The Company's products include furniture nails, wire collated coil nails, wire collated coil roofing nails, round head plastic collated strip nails and paper strip nails. The Company distributes its products in domestic market and to the overseas markets, including the Americas, Europe and the rest of Asia. As of December 31, 2011, the Company had one wholly owned subsidiary, Inmax Sdn. Bhd.