Tekcore Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023
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Tekcore 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 129.16 million compared to TWD 122.62 million a year ago. Net income was TWD 12.38 million compared to net loss of TWD 25.8 million a year ago. Basic earnings per share from continuing operations was TWD 0.24 compared to basic loss per share from continuing operations of TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to diluted loss per share from continuing operations of TWD 0.5 a year ago.
For the nine months, sales was TWD 377.34 million compared to TWD 485.32 million a year ago. Net income was TWD 23.26 million compared to net loss of TWD 20.26 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to basic loss per share from continuing operations of TWD 0.39 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to diluted loss per share from continuing operations of TWD 0.39 a year ago.
TEKCORE CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacture and sales of gallium nitride (GaN) blue, green and ultraviolet light emitting diode (LED) epitaxial wafers and chips. The Company's main products include GaN/gallium arsenide (GaAs) chips, quaternary products, related parts and materials and others. The Company is also involved in the original equipment manufacturer (OEM) business. The Company distributes its products in domestic market and to overseas markets, including the rest areas of Asia and others.
TEKCORE CO., LTD 
