Luxe Green Energy Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 03:19 am IST
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Luxe Green Energy 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 87.95 million compared to TWD 104.34 million a year ago. Revenue was TWD 87.95 million compared to TWD 104.34 million a year ago. Net income was TWD 16.59 million compared to TWD 41.4 million a year ago. Basic earnings per share from continuing operations was TWD 0.1063 compared to TWD 0.3382 a year ago. Diluted earnings per share from continuing operations was TWD 0.1063 compared to TWD 0.3382 a year ago.
For the nine months, sales was TWD 202.15 million compared to TWD 262.92 million a year ago. Revenue was TWD 202.15 million compared to TWD 262.92 million a year ago. Net income was TWD 37.35 million compared to TWD 91.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.2512 compared to TWD 0.8019 a year ago. Diluted earnings per share from continuing operations was TWD 0.2512 compared to TWD 0.8019 a year ago.
Luxe Green Energy Technology Co Ltd is a Taiwan-based company mainly engaged in the design and construction of electrical engineering, and the design, manufacture, installation, and trade of electrical products. The main product categories include system engineering, distribution panels, transformers, supervisory networks, and electrical engineering equipment. System engineering includes turnkey construction of substations and for wind power and cogeneration, as well as design and construction related to hydropower engineering. Distribution panels include high and low voltage power distribution panels, closed type metal-clad switchgears, and others. Transformers include potential, current, dry-type and others. Supervisory networks mainly engage in the integration of supervisory systems, including remote terminal equipment for computers, software design and programming. The Company also provides equipment repair and maintenance services, and nonwoven products and air purifiers.