Penpower Technology LTD. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 47.96 million compared to TWD 37.5 million a year ago. Revenue was TWD 47.96 million compared to TWD 37.5 million a year ago. Net loss was TWD 1.58 million compared to net income of TWD 13.77 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.43 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to diluted earnings per share from continuing operations of TWD 0.43 a year ago.
For the nine months, sales was TWD 119.14 million compared to TWD 110 million a year ago. Revenue was TWD 119.14 million compared to TWD 110 million a year ago. Net loss was TWD 138.84 million compared to net income of TWD 41.79 million a year ago. Basic loss per share from continuing operations was TWD 4.34 compared to basic earnings per share from continuing operations of TWD 1.3 a year ago. Diluted loss per share from continuing operations was TWD 4.34 compared to diluted earnings per share from continuing operations of TWD 1.29 a year ago.