C-Media Electronics Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 97.29 million compared to TWD 464.59 million a year ago. Net loss was TWD 97.18 million compared to net income of TWD 175.7 million a year ago. Basic loss per share from continuing operations was TWD 1.25 compared to basic earnings per share from continuing operations of TWD 2.23 a year ago. Diluted loss per share from continuing operations was TWD 1.25 compared to diluted earnings per share from continuing operations of TWD 2.22 a year ago.
For the nine months, sales was TWD 560.04 million compared to TWD 1,265.09 million a year ago. Net loss was TWD 94.29 million compared to net income of TWD 475.42 million a year ago. Basic loss per share from continuing operations was TWD 1.22 compared to basic earnings per share from continuing operations of TWD 6.03 a year ago. Diluted loss per share from continuing operations was TWD 1.22 compared to diluted earnings per share from continuing operations of TWD 6.01 a year ago.