Shun On Electronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Shun On Electronic Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 346.71 million compared to TWD 380.07 million a year ago. Revenue was TWD 346.71 million compared to TWD 380.07 million a year ago. Net loss was TWD 37.61 million compared to TWD 33.49 million a year ago. Basic loss per share from continuing operations was TWD 0.26 compared to TWD 0.23 a year ago. Diluted loss per share from continuing operations was TWD 0.26 compared to TWD 0.23 a year ago.
For the nine months, sales was TWD 937.43 million compared to TWD 1,351.77 million a year ago. Revenue was TWD 937.43 million compared to TWD 1,351.77 million a year ago. Net loss was TWD 100.76 million compared to TWD 25.7 million a year ago. Basic loss per share from continuing operations was TWD 0.69 compared to TWD 0.18 a year ago. Diluted loss per share from continuing operations was TWD 0.69 compared to TWD 0.18 a year ago.
SHUN ON ELECTRONIC CO., LTD. is a Taiwan-based company primarily engaged in the manufacture and distribution of conductive membrane and membrane keypad products. The Company mainly operates three business segments, including Conductive Membrane segment, Membrane Keypad segment and Other segment. It provides its customers with computer keyboard conductive membrane, mobile phone keypad and chassis, shrapnel membrane, cell phone keypad module assembly and other types of membrane keypad related products. The Company is also engaged in the development and sales of automotive electronics products, including the design of automotive safety system products, the development of electrochromic rearview mirrors and smart locks for vehicles, aiming to launch whole vehicle electrical and electronic solutions. The Company primarily operates its business in Mainland China.