Forcecon Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 02:00 am IST
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Forcecon Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,883.47 million compared to TWD 2,103 million a year ago. Net income was TWD 160.59 million compared to TWD 101.18 million a year ago. Basic earnings per share from continuing operations was TWD 2.06 compared to TWD 1.36 a year ago. Diluted earnings per share from continuing operations was TWD 1.92 compared to TWD 1.34 a year ago.
For the nine months, sales was TWD 5,716.9 million compared to TWD 5,374.06 million a year ago. Net income was TWD 445.63 million compared to TWD 241.07 million a year ago. Basic earnings per share from continuing operations was TWD 5.72 compared to TWD 3.25 a year ago. Diluted earnings per share from continuing operations was TWD 5.32 compared to TWD 3.19 a year ago.
Forcecon Technology Co Ltd is a Taiwan-based company mainly engaged in the provision of cooling solutions for computer chips. The main products are cooling modules and cooling fans required for notebook computers, desktop computers, and high-end servers. The Company also develop cooling modules and cooling fans for high-wattage products, telecommunications base stations, network communications, smartphones, vehicle cooling, digital set-top boxes, remote control drones, data center cooling systems, and special cooling applications.