Ability Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 12, 2022 at 12:52 am IST
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Ability Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,483.87 million compared to TWD 1,054.85 million a year ago. Net income was TWD 169.97 million compared to TWD 24.27 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.6 compared to TWD 0.09 a year ago.
For the nine months, sales was TWD 3,995.61 million compared to TWD 2,370.69 million a year ago. Net income was TWD 179.75 million compared to TWD 694.84 million a year ago. Basic earnings per share from continuing operations was TWD 0.63 compared to TWD 2.46 a year ago. Diluted earnings per share from continuing operations was TWD 0.63 compared to TWD 2.42 a year ago.
ABILITY ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of photographic products. The Company's main products consist of digital still cameras (DSCs), digital videos (DVs) as well as camera modules. The Company also provides original design manufacturer (ODM) and original equipment manufacturer (OEM) services for international digital camera factories. The Company's products are applied in the shooting and storage of images. It distributes its products mainly in Japan, Europe, the Americas and Asia markets.