Soaring Technology Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:38 am
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Soaring 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 0.64 million compared to TWD 2.44 million a year ago. Net loss was TWD 2.9 million compared to TWD 3.28 million a year ago. Basic loss per share from continuing operations was TWD 0.07 compared to TWD 0.08 a year ago.
For the six months, sales was TWD 1.64 million compared to TWD 6.7 million a year ago. Net loss was TWD 6.32 million compared to TWD 6.99 million a year ago. Basic loss per share from continuing operations was TWD 0.16 compared to TWD 0.17 a year ago.
SOARING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the electronic components related businesses. The Companyâs primary businesses include the design, manufacture and distribution of liquid crystal displays (LCDs), computers and peripherals equipment and components, electric vehicles and bicycles. The Companyâs principal products include multimedia audio and video systems, LCD monitors, point of sale (POS) devices, open frame LCD monitors, high brightness products and LCD racks, as well as the components of LCDs. The Company mainly distributes its products within domestic market and to overseas markets, including the United States of America (the USA), Europe and other regions.