Weltrend Semiconductor, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 606.38 million compared to TWD 974.82 million a year ago. Revenue was TWD 606.38 million compared to TWD 974.82 million a year ago. Net loss was TWD 26.33 million compared to net income of TWD 178.69 million a year ago. Basic loss per share from continuing operations was TWD 0.15 compared to basic earnings per share from continuing operations of TWD 1.01 a year ago. Diluted loss per share from continuing operations was TWD 0.15 compared to diluted earnings per share from continuing operations of TWD 1 a year ago.
For the nine months, sales was TWD 2,217.4 million compared to TWD 2,631.03 million a year ago. Revenue was TWD 2,217.4 million compared to TWD 2,631.03 million a year ago. Net income was TWD 136.82 million compared to TWD 566.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.78 compared to TWD 3.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.77 compared to TWD 3.18 a year ago.