Posiflex Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 08:26 am IST
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Posiflex Technology, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 3,547.81 million compared to TWD 2,334.61 million a year ago. Net income was TWD 321.5 million compared to TWD 158.58 million a year ago. Basic earnings per share from continuing operations was TWD 4.27 compared to TWD 2.12 a year ago. Diluted earnings per share from continuing operations was TWD 3.35 compared to TWD 1.88 a year ago.
For the nine months, sales was TWD 9,122.3 million compared to TWD 6,430.43 million a year ago. Net income was TWD 782.32 million compared to TWD 285.11 million a year ago. Basic earnings per share from continuing operations was TWD 10.41 compared to TWD 3.81 a year ago. Diluted earnings per share from continuing operations was TWD 8.37 compared to TWD 3.8 a year ago.
Posiflex Technology Inc is a Taiwan-based company principally engaged in the research, development, manufacture and sale of industrial computer system products and industrial computer peripheral products. The industrial computer system products include point-of-sale (POS) systems, information service systems and industrial computer products. The industrial computer peripheral products include POS peripheral equipment. The Company's products are mainly applied in the areas of retailing, Internet of things and finance. The Company distributes its products mainly to the Americas, Europe and Asia markets.