ACES Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:59 am IST
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ACES Electronics 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 2,544.35 million compared to TWD 2,718.46 million a year ago. Revenue was TWD 2,619.26 million compared to TWD 2,805.18 million a year ago. Net income was TWD 108.08 million compared to TWD 129.67 million a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to TWD 1.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.76 compared to TWD 1.05 a year ago.
For the nine months, sales was TWD 7,895.1 million compared to TWD 7,649.53 million a year ago. Revenue was TWD 8,157.88 million compared to TWD 7,882.81 million a year ago. Net income was TWD 390.67 million compared to TWD 461.47 million a year ago. Basic earnings per share from continuing operations was TWD 2.91 compared to TWD 3.77 a year ago. Diluted earnings per share from continuing operations was TWD 2.73 compared to TWD 3.74 a year ago.
ACES Electronics Co., Ltd. is principally engaged in the development, design, manufacture and distribution of electronic connectors and cable groups. The Companyâs products are applied in the manufacture of notebook computers and peripheral parts, smart phones, consumer electronics, panels, vehicle equipment and network communication products, among others. The Company distributes its products in domestic market and to overseas markets.