Min Aik Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:31 am EST
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Min Aik 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 750.23 million compared to TWD 685.94 million a year ago. Net income was TWD 11.73 million compared to TWD 12.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.09 compared to TWD 0.09 a year ago.
For the nine months, sales was TWD 1,881.26 million compared to TWD 2,611.05 million a year ago. Net loss was TWD 156.47 million compared to net income of TWD 112.74 million a year ago. Basic loss per share from continuing operations was TWD 1.14 compared to basic earnings per share from continuing operations of TWD 0.82 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.
MIN AIK TECHNOLOGY CO., LTD. 
