Song Shang Electronics Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 04, 2023 at 06:32 pm
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Song Shang 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 729.86 million compared to TWD 1,117.35 million a year ago. Revenue was TWD 729.86 million compared to TWD 1,117.35 million a year ago. Net income was TWD 52.48 million compared to TWD 42.11 million a year ago. Basic earnings per share from continuing operations was TWD 0.67 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to TWD 0.48 a year ago.
For the six months, sales was TWD 1,505.29 million compared to TWD 2,113.48 million a year ago. Revenue was TWD 1,505.29 million compared to TWD 2,113.48 million a year ago. Net income was TWD 68.19 million compared to TWD 58.59 million a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 0.73 a year ago. Diluted earnings per share from continuing operations was TWD 0.77 compared to TWD 0.67 a year ago.
Song Shang Electronics Co Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The main products include printed circuit boards and magnetic components. printed circuit board products include multi-layer printed circuit boards and single-sided and double-sided printed circuit boards, which are mainly used in consumer products, industrial control products, automotive peripheral products, and communication products. The magnetic components mainly include transformers and coils, which are mainly used in consumer products, communication products, information products, home appliances, and electric motor products. The Company distributes its products in Taiwan, China, Germany, Mexico, and other markets.