Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 04:35 am IST
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Taiwan Alpha Electronic 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 91.35 million compared to TWD 189.91 million a year ago. Net income was TWD 6.51 million compared to TWD 24.74 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 1.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 1.07 a year ago.
For the nine months, sales was TWD 305.81 million compared to TWD 484.64 million a year ago. Net income was TWD 19.18 million compared to TWD 280.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.83 compared to TWD 12.16 a year ago. Diluted earnings per share from continuing operations was TWD 0.83 compared to TWD 12.12 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.
TAIWAN ALPHA ELECTRONIC CO., LTD. 
