Hye Technology Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:34 pm EST
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Hye Technology 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 137.21 million compared to TWD 88.11 million a year ago. Net income was TWD 1.06 million compared to TWD 7.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.03 compared to TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.03 compared to TWD 0.25 a year ago.
For the nine months, sales was TWD 293.01 million compared to TWD 246.34 million a year ago. Net income was TWD 10.64 million compared to TWD 16.62 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 0.56 a year ago. Diluted earnings per share from continuing operations was TWD 0.34 compared to TWD 0.55 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.