Team Young Technology Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
Share
Team Young 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 1.19 million compared to TWD 2.31 million a year ago. Revenue was TWD 1.19 million compared to TWD 2.31 million a year ago. Net loss was TWD 10.78 million compared to TWD 16.39 million a year ago. Basic loss per share from continuing operations was TWD 0.5938 compared to TWD 1.0625 a year ago.
For the six months, sales was TWD 2.67 million compared to TWD 4.37 million a year ago. Revenue was TWD 2.67 million compared to TWD 4.37 million a year ago. Net loss was TWD 12.38 million compared to TWD 38.91 million a year ago. Basic loss per share from continuing operations was TWD 0.6875 compared to TWD 2.5625 a year ago.
TEAM YOUNG TECHNOLOGY CO., LTD., formerly TEAM YOUNG ADVANCED CERAMICS CO LTD, is primarily engaged in marketing and sale of multilayer ceramic capacitors (MLCCs) and chip capacitors for the storage of charge, blocking, by-pass, tuning and shaking and filtering in circuit designs. The Company mainly engaged in the development and sale of active and passive electronic components and EzCon products. EzCon is a human-to-object remote control system for smart remote controls, power switches, sockets and others. The Company distributes its products in Taiwan, Europe, the United States, Japan, China and other developing countries.
TEAM YOUNG TECHNOLOGY CO.,LTD. 
