Ta Ya Electric Wire & Cable Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Ta Ya Electric Wire & Cable 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 6,261.83 million compared to TWD 7,028.42 million a year ago. Net income was TWD 476.9 million compared to net loss of TWD 72.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.69 compared to basic loss per share from continuing operations of TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.66.
For the six months, sales was TWD 12,553.34 million compared to TWD 13,728.49 million a year ago. Net income was TWD 2,268.41 million compared to TWD 158.67 million a year ago. Basic earnings per share from continuing operations was TWD 3.3 compared to TWD 0.23 a year ago. Diluted earnings per share from continuing operations was TWD 3.12 compared to TWD 0.22 a year ago.
TA YA ELECTRIC WIRE & CABLE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of wires and cables. The products of the Company include plastic electric wires and cables, crossed-linked polyethylene electric cables, rubber electric wires and cables, bare copper wires, enameled wires, communication cables and fiber optical cables, monolayer and multilayer insulate coils, pure copper wires, palladium-copper plating wires and gold-palladium-copper plating wires. The Company operates businesses in domestic and overseas markets, including Asia, Americas, Europe and India.