Posiflex Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Posiflex Technology, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 2,914.18 million compared to TWD 2,123.02 million a year ago. Net income was TWD 234.07 million compared to TWD 87.36 million a year ago. Basic earnings per share was TWD 3.12 compared to TWD 1.17 a year ago. Diluted earnings per share was TWD 2.55 compared to TWD 1.17 a year ago.
For the six months, sales was TWD 5,574.5 million compared to TWD 4,095.82 million a year ago. Net income was TWD 460.83 million compared to TWD 126.53 million a year ago. Basic earnings per share was TWD 6.13 compared to TWD 1.69 a year ago. Diluted earnings per share was TWD 5.03 compared to TWD 1.69 a year ago.
Posiflex Technology Inc is a Taiwan-based company principally engaged in the research, development, manufacture and sale of industrial computer system products and industrial computer peripheral products. The industrial computer system products include point-of-sale (POS) systems, information service systems and industrial computer products. The industrial computer peripheral products include POS peripheral equipment. The Company's products are mainly applied in the areas of retailing, Internet of things and finance. The Company distributes its products mainly to the Americas, Europe and Asia markets.