E-Lead Electronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 02:10 am IST
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E-Lead Electronic Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,094.53 million compared to TWD 921.84 million a year ago. Net income was TWD 97.51 million compared to TWD 118.04 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to TWD 0.98 a year ago. Diluted earnings per share from continuing operations was TWD 0.78 compared to TWD 0.96 a year ago.
For the nine months, sales was TWD 2,689.77 million compared to TWD 2,468.8 million a year ago. Net income was TWD 192.03 million compared to TWD 265.94 million a year ago. Basic earnings per share from continuing operations was TWD 1.56 compared to TWD 2.23 a year ago. Diluted earnings per share from continuing operations was TWD 1.54 compared to TWD 2.21 a year ago.
E-LEAD ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products. The Companyâs primary products include automobile video and radio navigation systems, rear seat entertainment systems, automotive electronic modules, sports apparatus and multimedia products. The Company mainly operates through three business segments. The Taiwan E-Lead Operation segment is mainly engaged in the sales businesses in Taiwan. The Jiangsu E-Lead Operation segment is mainly engaged in the sales businesses in Mainland China. The Thailand E-Lead Operation segment is mainly engaged in the sales businesses in Southeast Asia. The Company mainly distributes its products in Mainland China, Taiwan, Saudi Arabia and Thailand.