Advanced Power Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 01, 2022 at 03:27 pm
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Advanced Power Electronics 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 910.11 million compared to TWD 1,034.1 million a year ago. Net income was TWD 240.04 million compared to TWD 193.35 million a year ago. Basic earnings per share from continuing operations was TWD 2.06 compared to TWD 2.38 a year ago. Diluted earnings per share from continuing operations was TWD 2.02 compared to TWD 2.32 a year ago.
For the nine months, sales was TWD 3,204.98 million compared to TWD 3,093.6 million a year ago. Net income was TWD 815.48 million compared to TWD 447 million a year ago. Basic earnings per share from continuing operations was TWD 8.4 compared to TWD 5.5 a year ago. Diluted earnings per share from continuing operations was TWD 8.17 compared to TWD 5.4 a year ago.
ADVANCED POWER ELECTRONICS CORP. is a Taiwan-based company principally engaged in the research, development, manufacture, testing and distribution of transistors and related products. The Company provides low voltage metal-oxide semiconductor field-effect transistors (MOSFETs), medium voltage MOSFETs, high voltage MOSFETs, insulated gate bipolar transistors (IGBTs), linear regulator integrated circuits (ICs), pulse-width-modulated (PWM) ICs and others. Its products are applied in the manufacture of main boards, disk players, set top boxes, graphic cards, notebook computer battery modules, monitors, mobile phones, portable power supplies, digital cameras, adapters, personal digital assistants (PDAs) and others. The Company mainly distributes its products in Taiwan and the rest of Asia.