Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Taiwan Chinsan Electronic Industrial 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 810.86 million compared to TWD 911.59 million a year ago. Revenue was TWD 810.86 million compared to TWD 911.59 million a year ago. Net income was TWD 39.34 million compared to TWD 53.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 0.41 a year ago.
For the six months, sales was TWD 1,468.97 million compared to TWD 1,938.76 million a year ago. Revenue was TWD 1,468.97 million compared to TWD 1,938.76 million a year ago. Net income was TWD 47.46 million compared to TWD 124.92 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to TWD 0.96 a year ago. Diluted earnings per share from continuing operations was TWD 0.37 compared to TWD 0.93 a year ago.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of capacitors for aluminum electrolytic capacitors and solid electrolytic capacitors. The Company is mainly engaged in the provision of aluminum electrolytic capacitors, including standard products, mini-size products, large-size products, low impedance products, specialty products and solid capacitors. The Companyâs products are primarily applied in the manufacture of personal computers (PCs), notebook computers, television (TV) sets, office machines, household electrical appliances, communication products, power converters, lightening systems, electric power devices, air-conditioning systems, transmission belts, elevators, textile machines, welding machines and others.