Cyber Power Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:36 pm EDT
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Cyber Power Systems, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 3,079.15 million compared to TWD 3,046.37 million a year ago. Net income was TWD 485.49 million compared to TWD 349.81 million a year ago. Basic earnings per share from continuing operations was TWD 5.5333 compared to TWD 4.1143 a year ago. Diluted earnings per share from continuing operations was TWD 5.4857 compared to TWD 3.6857 a year ago.
For the six months, sales was TWD 5,638.15 million compared to TWD 5,325.65 million a year ago. Net income was TWD 699.22 million compared to TWD 478.19 million a year ago. Basic earnings per share from continuing operations was TWD 7.9714 compared to TWD 5.6286 a year ago. Diluted earnings per share from continuing operations was TWD 7.8095 compared to TWD 5.0476 a year ago.
CyberPower Systems, Inc. is a Taiwan-based company principally engaged in the design, manufacture and distribution of uninterruptible power supply (UPS) systems, portable power converters, power protection and management equipment and computer peripherals and related accessories. The Company's products also include solar chargers, electronic alternators, emergency power systems and networked remote power management equipment. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas, Europe and Africa.