Ligitek Electronics Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 02:33 am EST
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Ligitek Electronics 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 178.52 million compared to TWD 200.77 million a year ago. Net income was TWD 20.63 million compared to TWD 56.38 million a year ago. Basic earnings per share from continuing operations was TWD 0.19 compared to TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to TWD 0.51 a year ago.
For the nine months, sales was TWD 575.53 million compared to TWD 632.36 million a year ago. Net income was TWD 66.33 million compared to TWD 117.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.61 compared to TWD 1.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.61 compared to TWD 1.07 a year ago.
LIGITEK ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light emitting diode (LED) products and solar energy products. The Company's products include conventional LEDs, super brighter LEDs, white light LEDs, infra-red LEDs, photo pin diodes, photo transistors, seven segment displays, dot matrix displays, backlight displays, LED arrays, LED lighting modules, solar cell modules and others. The Company's products are applied in computers and peripheral products, communication products, consumer products, home appliances, such as refrigerators and televisions, office equipment, such as fax machines and photocopiers, automobile industry, lighting equipment, outdoor and indoor display boards, as well as traffic signals. The Company distributes its products in domestic market and to overseas markets.
LIGITEK ELECTRONICS CO.,LTD 
