Falcon Power Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 10:19 pm EDT
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Falcon Power 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 40.14 million compared to TWD 216.29 million a year ago. Net loss was TWD 1.08 million compared to net income of TWD 4.35 million a year ago. Basic loss per share from continuing operations was TWD 0.0276 compared to basic earnings per share from continuing operations of TWD 0.1103 a year ago. Diluted loss per share from continuing operations was TWD 0.0276 compared to diluted earnings per share from continuing operations of TWD 0.1103 a year ago.
For the six months, sales was TWD 423.38 million compared to TWD 754.21 million a year ago. Net income was TWD 9.33 million compared to TWD 22.27 million a year ago. Basic earnings per share from continuing operations was TWD 0.239 compared to TWD 0.5699 a year ago. Diluted earnings per share from continuing operations was TWD 0.239 compared to TWD 0.5699 a year ago.
Falcon Power Co., Ltd. is a Taiwan-based company principally engaged in the energy business. The Company mainly operates through two business segments, including Waste Disposal segment and Coal segment. The Companyâs products portfolio consists of energy-saving products and other electronic products. The Company distributes its products within the domestic market and to overseas markets, including the rest areas of Asia and others.