Wave Power 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 85.39 million compared to TWD 109.65 million a year ago. Net income was TWD 9.45 million compared to TWD 28.09 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 0.91 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 0.9 a year ago.
For the nine months, sales was TWD 301.49 million compared to TWD 294.87 million a year ago. Net income was TWD 57.54 million compared to TWD 70.79 million a year ago. Basic earnings per share from continuing operations was TWD 1.83 compared to TWD 2.28 a year ago. Diluted earnings per share from continuing operations was TWD 1.82 compared to TWD 2.27 a year ago.