Hotron Precision Electronic Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 04:06 pm
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Hotron Precision Electronic Industrial 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 803.7 million compared to TWD 777.23 million a year ago. Net income was TWD 55.12 million compared to net loss of TWD 22.84 million a year ago. Basic earnings per share from continuing operations was TWD 0.5728 compared to basic loss per share from continuing operations of TWD 0.2427 a year ago. Diluted earnings per share from continuing operations was TWD 0.5728 compared to diluted loss per share from continuing operations of TWD 0.2427 a year ago.
For the nine months, sales was TWD 2,807.76 million compared to TWD 2,115.3 million a year ago. Net income was TWD 122.67 million compared to TWD 4.76 million a year ago. Basic earnings per share from continuing operations was TWD 1.2816 compared to TWD 0.0485 a year ago. Diluted earnings per share from continuing operations was TWD 1.2718 compared to TWD 0.0485 a year ago.
HOTRON PRECISION ELECTRONIC INDUSTRIAL CO.LTD. is a Taiwan-based company principally engaged in the manufacture and sales of various kinds of transmission lines. The Company's main products include signal lines, connectors, connection lines, power cords, wires and cables and copper products. The Company's products are mainly used in the areas of information, communications, precision machinery and consumer electronics. The Company distributes its products mainly in Asian market.