Yao Sheng Electronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:48 am EST
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Yao Sheng 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 229.92 million compared to TWD 309.17 million a year ago. Net income was TWD 26.38 million compared to TWD 99.48 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to TWD 1.87 a year ago. Diluted earnings per share from continuing operations was TWD 0.43 compared to TWD 1.87 a year ago.
For the nine months, sales was TWD 932.45 million compared to TWD 891.24 million a year ago. Net income was TWD 128.44 million compared to TWD 158.33 million a year ago. Basic earnings per share from continuing operations was TWD 2.27 compared to TWD 3.38 a year ago. Diluted earnings per share from continuing operations was TWD 2.27 compared to TWD 3.38 a year ago.
Yao Sheng Electronic Co., Ltd. is a Taiwan-based company principally engaged in manufacture and distribution of transformers and inductance coils. The Company provides transformers and inductance coils, which are applied in liquid crystal display (LCD) monitors, power supply units, notebook computers, mobile phones, digital cameras, personal digital assistants (PDAs), televisions and other devices. In addition, it also provides light emitting diode (LED) lighting products. The Company distributes its products within the domestic market and to overseas markets.
YAO SHENG ELECTRONIC CO., LTD. 
