TranSystem, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022
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TranSystem, 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 22.42 million compared to TWD 28.38 million a year ago. Revenue was TWD 24.04 million compared to TWD 29.71 million a year ago. Net income was TWD 1.41 million compared to net loss of TWD 2.74 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to basic loss per share from continuing operations of TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to diluted loss per share from continuing operations of TWD 0.1 a year ago.
For the nine months, sales was TWD 89.61 million compared to TWD 72.56 million a year ago. Revenue was TWD 94.27 million compared to TWD 79.46 million a year ago. Net income was TWD 3.19 million compared to net loss of TWD 15.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.55 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to diluted loss per share from continuing operations of TWD 0.55 a year ago.
Empower Technology Corporation is a Taiwan-based company principally engaged in the manufacture and distribution of global position systems (GPSs) and telecommunication products. The Companyâs telecommunication products include multichannel multipoint distribution service (MMDS) down converters, two-way transmitters, Wireless Fidelity (Wi-Fi) products and wireless broadband products. Its GPS products include GPS modules, GPS data loggers, GPSs for sports and others. Its products are applied primarily in wireless cable television (TV) broadcasting, wireless network, navigation products and others. The Company distributes its products in Taiwan, Mainland China, the rest of Asia, the Americas and Europe markets.