Jhen Vei Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:47 am EDT
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Jhen Vei Electronic 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 189.65 million compared to TWD 212.12 million a year ago. Net income was TWD 3 million compared to TWD 8.06 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.12 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to TWD 0.12 a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.12 a year ago. Diluted earnings per share was TWD 0.05 compared to TWD 0.12 a year ago.
For the six months, sales was TWD 398.43 million compared to TWD 454.14 million a year ago. Net loss was TWD 2.18 million compared to net income of TWD 69.74 million a year ago. Basic loss per share from continuing operations was TWD 0.03. Diluted loss per share from continuing operations was TWD 0.03. Basic loss per share was TWD 0.03 compared to basic earnings per share of TWD 1.01 a year ago. Diluted loss per share was TWD 0.03 compared to diluted earnings per share of TWD 1.01 a year ago.
Jhen Vei Electronic Co., Ltd. is a Taiwan-based company primarily engaged in the manufacture and distribution of connection cable assemblies. The Companyâs connection cable assemblies are applied in monitors, liquid crystal displays (LCDs), laptop computers, hosts, communication devices and computer peripheral products. The Company is also engaged in the manufacture and distribution of network communication safety equipment. The network communication safety equipment is applied in servers, traffic control and power protection as well as network communication safety equipment for vulnerability scanning and real-time security monitoring. The Company distributes its products in Taiwan and to overseas markets, including Asia and Europe.
JHEN VEI ELECTRONIC CO., LTD. 
