Apex Dynamics, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 27, 2023
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Apex Dynamics, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 702.51 million compared to TWD 884.24 million a year ago. Net income was TWD 254.7 million compared to TWD 211.25 million a year ago. Basic earnings per share from continuing operations was TWD 3.18 compared to TWD 2.73 a year ago. Diluted earnings per share from continuing operations was TWD 3.18 compared to TWD 2.73 a year ago.
For the six months, sales was TWD 1,358.31 million compared to TWD 1,745.3 million a year ago. Net income was TWD 450.01 million compared to TWD 578.23 million a year ago. Basic earnings per share from continuing operations was TWD 5.61 compared to TWD 7.69 a year ago. Diluted earnings per share from continuing operations was TWD 5.61 compared to TWD 7.69 a year ago.
Apex Dynamics Inc is a Taiwan-based company mainly engaged in the engaged in the manufacture, research, development and sales of mechanical transmission components such as reducers, gear rows and gear bars. The Companyâs products mainly include reducers, which are used to reduce motor speed, increase torque and increase output torque; gear rows and gear bars, which are part of mechanical transmission components, used to cooperate with gears, reducers and motors. The reducer mainly produces planetary reducers. The Company also invests in and operates the Millennium Hotels, which mainly provides guest room accommodation and catering services. The Company distributes its products within domestic market and to overseas markets.
APEX DYNAMICS, INC. 
