Shian Yih Electronic Industry Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Shian Yih Electronic Industry 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 590.54 million compared to TWD 529.93 million a year ago. Revenue was TWD 590.54 million compared to TWD 529.93 million a year ago. Net income was TWD 76.2 million compared to TWD 26.16 million a year ago. Basic earnings per share was TWD 1.25 compared to TWD 0.43 a year ago. Diluted earnings per share was TWD 1.24 compared to TWD 0.43 a year ago.
For the nine months, sales was TWD 1,736.77 million compared to TWD 1,491.6 million a year ago. Revenue was TWD 1,736.77 million compared to TWD 1,491.6 million a year ago. Net income was TWD 181.27 million compared to TWD 36.09 million a year ago. Basic earnings per share was TWD 2.96 compared to TWD 0.59 a year ago. Diluted earnings per share was TWD 2.91 compared to TWD 0.59 a year ago.
Shian Yih Electronic Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and distribution of light emitting diode (LED) backlight modules. The Company's production model is based on Original Design Manufacturing (ODM) and Original Equipment Manufacturing (OEM). Its products are applied in liquid crystal displays (LCDs), notebook computers, LCD televisions, digital cameras, personal digital assistants (PDAs) and mobile phones, among others. The Company distributes its products primarily in Taiwan and other Asian markets.