Everspring Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021
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Everspring Industry Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 39.18 million compared to TWD 27.2 million a year ago. Revenue was TWD 140.86 million compared to TWD 129.31 million a year ago. Net income was TWD 112.02 million compared to net loss of TWD 81.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.52 compared to basic loss per share from continuing operations of TWD 0.38 a year ago. Diluted earnings per share from continuing operations was TWD 0.52 compared to diluted loss per share from continuing operations of TWD 0.38 a year ago.
For the nine months, sales was TWD 116.78 million compared to TWD 80.96 million a year ago. Revenue was TWD 443 million compared to TWD 395.7 million a year ago. Net income was TWD 1,357.51 million compared to TWD 188.17 million a year ago. Basic earnings per share from continuing operations was TWD 6.34 compared to TWD 0.88 a year ago. Diluted earnings per share from continuing operations was TWD 6.28 compared to TWD 0.88 a year ago.
EVERSPRING INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of security products. The Company's major products include sensor system products; household security system products, including wireless burglar alarm hosts, sensors and sirens; surveillance system products and home automation control system products. In addition, the Company provides smart lighting products. The Company distributes its products primarily in Europe and the Americas, as well as domestic market and other regions.