Microtek International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:50 pm EST
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Microtek International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 172.74 million compared to TWD 191.81 million a year ago. Net income was TWD 23.3 million compared to TWD 34.13 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to TWD 0.17 a year ago.
For the nine months, sales was TWD 410.1 million compared to TWD 405.66 million a year ago. Net income was TWD 31.28 million compared to TWD 67.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to TWD 0.33 a year ago.
Microtek International, Inc. is a Taiwan-based company principally engaged in the design, manufacture and sales of image scanners and its related applications. The Company operates through two segments. Image Scanners segment is engaged in the design, manufacture and sales of digital image input and output devices. Its products include image scanners for commercial use, for medical use, for biotechnical use and for industrial use, among others. Photoelectron Equipment segment is engaged in the research, manufacture and sales of optical passive devices, optical instrumentations and other photoelectron equipment. Through its subsidiaries, the Company is also involved in the sales of medical equipment, as well as the development and consultancy of related technologies.