Yufo Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Yufo Electronics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 332.1 million compared to TWD 438.45 million a year ago. Net loss was TWD 4.43 million compared to net income of TWD 14.37 million a year ago. Basic loss per share from continuing operations was TWD 0.0875 compared to basic earnings per share from continuing operations of TWD 0.3 a year ago. Diluted loss per share from continuing operations was TWD 0.0875 compared to diluted earnings per share from continuing operations of TWD 0.3 a year ago.
For the six months, sales was TWD 619.13 million compared to TWD 775.77 million a year ago. Net loss was TWD 25.17 million compared to net income of TWD 21.65 million a year ago. Basic loss per share from continuing operations was TWD 0.525 compared to basic earnings per share from continuing operations of TWD 0.45 a year ago. Diluted loss per share from continuing operations was TWD 0.525 compared to diluted earnings per share from continuing operations of TWD 0.45 a year ago.
YUFO ELECTRONICS CO.,LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of various types of printed circuit boards. The Company's main products include multilayer printed circuit boards, double-sided printed circuit boards and others. The Company is also involved in the manufacture, processing and sales of electronic products and parts, as well as the provision of maintenance and installation services. The Company is also engaged in the sales of general chemical raw materials. The Company distributes its products in Hong Kong market.