Koryo 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 718.42 million compared to TWD 1,064.47 million a year ago. Revenue was TWD 717.47 million compared to TWD 1,062.81 million a year ago. Net income was TWD 33.21 million compared to TWD 63.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.64 compared to TWD 1.22 a year ago. Diluted earnings per share from continuing operations was TWD 0.64 compared to TWD 1.21 a year ago.
For the six months, sales was TWD 1,497.08 million compared to TWD 2,084.02 million a year ago. Revenue was TWD 1,492.05 million compared to TWD 2,080.4 million a year ago. Net income was TWD 46.28 million compared to TWD 117.27 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to TWD 2.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.88 compared to TWD 2.23 a year ago.