Young Fast Optoelectronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 04:43 am
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Young Fast Optoelectronics 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 391.14 million compared to TWD 513.85 million a year ago. Net income was TWD 77.42 million compared to TWD 102.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.51 compared to TWD 0.67 a year ago. Diluted earnings per share from continuing operations was TWD 0.51 compared to TWD 0.67 a year ago.
For the six months, sales was TWD 691.6 million compared to TWD 889.85 million a year ago. Net income was TWD 137.14 million compared to TWD 143.86 million a year ago. Basic earnings per share from continuing operations was TWD 0.9 compared to TWD 0.95 a year ago. Diluted earnings per share from continuing operations was TWD 0.9 compared to TWD 0.95 a year ago.
Young Fast Optoelectronics Co., Ltd is principally engaged in the development, design, manufacture and distribution of touch panels and others. The Company operates its business through two segments: Optoelectronic segment and Mechanical and Electronic segment. The Optoelectronic segment provides projection capacitive touch panels and four-wire resistance touch panels. The Mechanical and Electronic segment provides 69- and 161-kilovolt (KV) connection boxes, 69- and 161-KV terminal boxes and 69- and 161-KV power cable protection equipment. Its touch panels are applied in manufacture of smart phones, mobile phones, personal navigation devices and other consumer electronics. The Company distributes its products within domestic market and to overseas markets.
YOUNG FAST OPTOELECTRONICS CO., LTD. 
