Ever Ohms Technology Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 04:17 pm EDT
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Ever Ohms Technology Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 232.05 million compared to TWD 312.75 million a year ago. Net loss was TWD 30.27 million compared to net income of TWD 47.94 million a year ago. Basic loss per share from continuing operations was TWD 0.34 compared to basic earnings per share from continuing operations of TWD 0.6 a year ago. Diluted loss per share from continuing operations was TWD 0.34 compared to diluted earnings per share from continuing operations of TWD 0.6 a year ago.
For the six months, sales was TWD 451.4 million compared to TWD 652.32 million a year ago. Net loss was TWD 65.8 million compared to net income of TWD 104.44 million a year ago. Basic loss per share from continuing operations was TWD 0.74 compared to basic earnings per share from continuing operations of TWD 1.31 a year ago. Diluted loss per share from continuing operations was TWD 0.74 compared to diluted earnings per share from continuing operations of TWD 1.31 a year ago.
Ever Ohms Technology Co Ltd is a Taiwan-based company mainly engaged in the manufacture of chip resistors. The company's main business is the manufacture and sale of thick film resistors, thin film resistors and metal plate micro-ohm resistors. The thick film resistor business includes high power thick film resistors, anti-sulfuration thick film resistors, automotive thick film resistors, and surge resistant thick film resistors. The thin film resistor business includes the manufacture of high power film resistors, very high precision film resistors, low resistance metal film resistors, anti-sulfuration low resistance metal film resistors, and anti-surge low resistance metal film resistors. The metal sheet resistor business is mainly engaged in the manufacture of ceramic laminated micro-ohm resistors, metal sheet micro-ohm resistors, and shunt metal sheet micro-ohm resistors.