ELTA Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023
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ELTA Technology 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 215.12 million compared to TWD 130.47 million a year ago. Net income was TWD 33.77 million compared to TWD 10.46 million a year ago. Basic earnings per share from continuing operations was TWD 1.53 compared to TWD 0.48 a year ago. Diluted earnings per share from continuing operations was TWD 1.51 compared to TWD 0.48 a year ago.
For the nine months, sales was TWD 707.54 million compared to TWD 453.91 million a year ago. Net income was TWD 94.3 million compared to TWD 21.38 million a year ago. Basic earnings per share from continuing operations was TWD 4.28 compared to TWD 0.98 a year ago. Diluted earnings per share from continuing operations was TWD 4.23 compared to TWD 0.97 a year ago.
ELTA Technology Co Ltd is a Taiwan-based company principally engaged in digital audio and video services and licensing business. The Company is also engaged in advertising business, project business and merchandising business. The main service is to engage in the transfer of goods ownership or provide services through providing digital cloud audio and video content licensing, digital cloud audio and video channel operation, media advertising support, on-demand video, system integration and customized development projects, application (APP) planning and construction, and virtual and physical marketing campaign planning and execution via the Internet or other electronic media. The Company mainly operates its business in Taiwan.