Taipei, Taiwan, 28th July 2023 - Sercomm Corporation (TWSE: 5388), a leading manufacturer of telecom and broadband equipment today announced financial results for the second quarter of year 2023.

 

Consolidated net sales for the second quarter of year 2023 were NT$15.67 billion, which represents a 3% year-over-year increase compared to NT$15.22 billion for 2Q 2022. Operating profit for 2Q’23 was $712 million, which represents a 26% year-over-year increase over NT$564 million for the second quarter of year 2022. Net income attributable to owners of parent for 2Q’23 were NT$527 million, which represents a 16.6% increase compared to NT$452 million for the 2Q 2022.  Based on 257 million weighted average shares, EPS were reported as NT$2.05 for the 2nd quarter of year 2023.

 

On consolidated basis, net sales for the first half of year 2023 were reported as NT$31.33 billion, which represents a 12.3% year-over-year increase over NT$27.89 billion for the first half of year 2022.  Operating profit for the 1H’23 were NT$1,367 million, which represents a 45.4% year-over-year increase over NT$940 million for the 1H’22. Net income attributable to owners of parent for 1H’23 were NT$1,032 million, which represents a 32.5% increase compared to NT$779 million for the same period of last year. Based on 257 million weighted average shares, earnings per share (EPS) for the first half of year 2023 were reported as NT$4.02.  

Table 1：2Q 2023 Statement of Comprehensive Income


Table 2: 1H 2022 Statement of Comprehensive Income


Table 3: 2022 Balance Sheet