Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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Taiwan Alpha Electronic Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 107.24 million compared to TWD 181.99 million a year ago. Net income was TWD 7.33 million compared to TWD 233.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.32 compared to TWD 10.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.32 compared to TWD 10.07 a year ago.
For the six months, sales was TWD 214.46 million compared to TWD 294.73 million a year ago. Net income was TWD 12.67 million compared to TWD 256.17 million a year ago. Basic earnings per share from continuing operations was TWD 0.55 compared to TWD 11.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.55 compared to TWD 11.05 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.