INPAQ Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:59 pm EST
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INPAQ 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 1,792.98 million compared to TWD 1,617.98 million a year ago. Net income was TWD 294.17 million compared to TWD 233.45 million a year ago. Basic earnings per share from continuing operations was TWD 2.07 compared to TWD 1.67 a year ago. Diluted earnings per share from continuing operations was TWD 2.06 compared to TWD 1.65 a year ago.
For the nine months, sales was TWD 4,834.77 million compared to TWD 4,779.53 million a year ago. Net income was TWD 595.93 million compared to TWD 591.69 million a year ago. Basic earnings per share from continuing operations was TWD 4.23 compared to TWD 4.22 a year ago. Diluted earnings per share from continuing operations was TWD 4.21 compared to TWD 4.19 a year ago.
INPAQ TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of protection components and high-frequency components. The Company operates through two main segments. The Protection Components segment is mainly engaged in the research, manufacture and sales of electromagnetic prevention components, overvoltage protection components and over-current protection components. The High-frequency Components segment is primarily involved in the research, manufacture and sales of global positioning system (GPS) satellite antennas and modules, Bluetooth antennas, global system for mobile communications (GSM), code division multiple access (CDMA) and the third generation (3G) antennas, wireless local area network (WLAN) and wireless fidelity (WIFI), as well as various other antennas and modules. The Company distributes its products both in domestic market and to overseas markets.