Advancetek Enterprise Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Advancetek Enterprise 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 201.08 million compared to TWD 1,844.22 million a year ago. Net income was TWD 48.53 million compared to TWD 310 million a year ago. Basic earnings per share from continuing operations was TWD 0.13 compared to TWD 0.85 a year ago. Diluted earnings per share from continuing operations was TWD 0.13 compared to TWD 0.85 a year ago.
For the nine months, sales was TWD 594.32 million compared to TWD 3,205.24 million a year ago. Net income was TWD 160.03 million compared to TWD 520 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 1.42 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to TWD 1.42 a year ago.
ADVANCETEK ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the construction of residential properties and commercial buildings. The Company is involved in the construction of residential properties, suites, shops, offices and parking lots for sale and for rental. The Company mainly operates its businesses in Taiwan market, including New Taipei, Taoyuan and Taipei, among others.