Hye Technology Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 05:12 am EDT
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Hye 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 72.72 million compared to TWD 79.6 million a year ago. Net loss was TWD 2.86 million compared to net income of TWD 5 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 0.17 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to diluted earnings per share from continuing operations of TWD 0.17 a year ago.
For the six months, sales was TWD 155.8 million compared to TWD 158.23 million a year ago. Net income was TWD 9.58 million compared to TWD 9.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.32 compared to TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.32 compared to TWD 0.31 a year ago.
Hye Technology Co Ltd is a Taiwan-based company mainly engaged in the manufacture of fully/semi-automatic measurement system plan, automatic equipment plan, automatic optical inspection (AOI) mechanical vision plan, and semiconductor quality inspection. The Company currently focuses on automated inspection and measurement and intelligent automation design and development. The Company's main products are mainly used in the semiconductor, panel, packaging and testing, and printed circuit board (PCB) industries. The business of intelligent automation equipment is automation equipment planning, with machine types such as fully automatic packaging machine, automatic measuring machine, and AOI inspection equipment business is AOI mechanical vision planning, with machine types such as terminal line inspection machine, multi-size glass inspection machine, and semiconductor 8 wafer inspection machine. The Company mainly sells its products domestically and internationally.