Prime Electronics & Satellitics Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 660.61 million compared to TWD 1,015.11 million a year ago. Net income was TWD 8.5 million compared to TWD 20.67 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.12 a year ago.
For the six months, sales was TWD 1,224.86 million compared to TWD 1,593.48 million a year ago. Net loss was TWD 31.9 million compared to net income of TWD 24.01 million a year ago. Basic loss per share from continuing operations was TWD 0.19 compared to basic earnings per share from continuing operations of TWD 0.14 a year ago.