Mutto Optronics Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 27.85 million compared to TWD 14.67 million a year ago. Net loss was TWD 11.31 million compared to net income of TWD 1.66 million a year ago. Basic loss per share from continuing operations was TWD 0.24 compared to basic earnings per share from continuing operations of TWD 0.04 a year ago. Diluted loss per share from continuing operations was TWD 0.24 compared to diluted earnings per share from continuing operations of TWD 0.04 a year ago.
For the nine months, sales was TWD 57.69 million compared to TWD 102.11 million a year ago. Net loss was TWD 147.15 million compared to TWD 21.09 million a year ago. Basic loss per share from continuing operations was TWD 3.15 compared to TWD 0.45 a year ago. Diluted loss per share from continuing operations was TWD 3.15 compared to TWD 0.45 a year ago.