Promise Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 11, 2023 at 05:26 am IST
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Promise Technology, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 148.49 million compared to TWD 202.56 million a year ago. Revenue was TWD 148.84 million compared to TWD 206.32 million a year ago. Net loss was TWD 8.91 million compared to net income of TWD 0.58 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to basic earnings per share from continuing operations of TWD 0.01 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to diluted earnings per share from continuing operations of TWD 0.01 a year ago.
For the nine months, sales was TWD 430.98 million compared to TWD 737.19 million a year ago. Revenue was TWD 433.44 million compared to TWD 741.08 million a year ago. Net loss was TWD 59.22 million compared to net income of TWD 22.83 million a year ago. Basic loss per share from continuing operations was TWD 0.64 compared to basic earnings per share from continuing operations of TWD 0.25 a year ago. Diluted loss per share from continuing operations was TWD 0.64 compared to diluted earnings per share from continuing operations of TWD 0.25 a year ago.
Promise Technology, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of storage system equipment. The Company's main products include computer storage devices, high-performance control cards and systems, computer high-performance networks and graphic systems, multimedia software and hardware suites and systems, as well as computer and phone integration technology related products. The Company also provides management, consulting and technology transfer services. The Company distributes its products in domestic market to overseas markets, including the Americas, the rest areas of Asia, Europe and others.
PROMISE TECHNOLOGY, INC. 