Podak Co., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Podak 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 674.43 million compared to TWD 605.74 million a year ago. Revenue was TWD 674.43 million compared to TWD 605.74 million a year ago. Net income was TWD 34.49 million compared to TWD 59.63 million a year ago. Basic earnings per share from continuing operations was TWD 0.64 compared to TWD 1.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.64 compared to TWD 1.11 a year ago.
For the six months, sales was TWD 1,354.44 million compared to TWD 1,575.78 million a year ago. Revenue was TWD 1,354.44 million compared to TWD 1,575.78 million a year ago. Net income was TWD 84.97 million compared to TWD 143.91 million a year ago. Basic earnings per share from continuing operations was TWD 1.59 compared to TWD 2.69 a year ago. Diluted earnings per share from continuing operations was TWD 1.57 compared to TWD 2.66 a year ago.
PODAK CO., LTD. is principally engaged in the agent distribution of Panasonic passive products and Panasonic active products. The Company is also engaged in the distribution of other products, including batteries, relays, motors, connectors, surveillance system equipment, light-emitting diode (LED) tubes and home appliances. The Panasonic passive products include solid capacitors, electrolytic capacitors, plastic capacitors, power chokes and gold capacitors. The Panasonic active products include transistors, diodes, metal oxide semiconductor field effect transistor (MOSFETs) and LEDs. The Company distributes its products in Taiwan and Mainland China.