Sunonwealth Electric Machine Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 11:42 am IST
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Sunonwealth Electric Machine 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 3,664.1 million compared to TWD 3,481.14 million a year ago. Net income was TWD 355.98 million compared to TWD 88.7 million a year ago. Basic earnings per share from continuing operations was TWD 1.42 compared to TWD 0.35 a year ago. Diluted earnings per share from continuing operations was TWD 1.42 compared to TWD 0.35 a year ago.
For the nine months, sales was TWD 10,270.48 million compared to TWD 9,837.98 million a year ago. Net income was TWD 809.38 million compared to TWD 255.74 million a year ago. Basic earnings per share from continuing operations was TWD 3.23 compared to TWD 1.02 a year ago. Diluted earnings per share from continuing operations was TWD 3.22 compared to TWD 1.02 a year ago.
Sunonwealth Electric Machine Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of direct current (DC) brushless fans, thermal modules and blowers, as well as alternative current (AC) brushless fans and related products. The Company also provides heat pipe thermal modules, millimeter fans and fan tray products. Its products are applied in computers, computer peripheral products, consumer electronic products, network communication products, automobile electronics, as well as industrial and commercial equipment. The Company distributes its products mainly in Asia, Europe and the Americas.
SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD. 
