Luxe Green Energy Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Luxe Green Energy Technology 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 121.65 million compared to TWD 70.88 million a year ago. Revenue was TWD 121.65 million compared to TWD 70.88 million a year ago. Net income was TWD 83.68 million compared to TWD 20.32 million a year ago. Basic earnings per share from continuing operations was TWD 0.56 compared to TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 0.56 compared to TWD 0.13 a year ago.
For the six months, sales was TWD 293.91 million compared to TWD 114.2 million a year ago. Revenue was TWD 293.91 million compared to TWD 114.2 million a year ago. Net income was TWD 130.6 million compared to TWD 20.76 million a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 0.14 a year ago. Diluted earnings per share from continuing operations was TWD 0.87 compared to TWD 0.14 a year ago.
Luxe Green Energy Technology Co Ltd is a Taiwan-based company mainly engaged in the design and construction of electrical engineering, and the design, manufacture, installation, and trade of electrical products. The main product categories include system engineering, distribution panels, transformers, supervisory networks, and electrical engineering equipment. System engineering includes turnkey construction of substations and for wind power and cogeneration, as well as design and construction related to hydropower engineering. Distribution panels include high and low voltage power distribution panels, closed type metal-clad switchgears, and others. Transformers include potential, current, dry-type and others. Supervisory networks mainly engage in the integration of supervisory systems, including remote terminal equipment for computers, software design and programming. The Company also provides equipment repair and maintenance services, and nonwoven products and air purifiers.