Inventec Besta Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Inventec Besta 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 137.08 million compared to TWD 154.54 million a year ago. Net loss was TWD 16.05 million compared to TWD 26.56 million a year ago. Basic loss per share was TWD 0.26 compared to TWD 0.43 a year ago. Diluted loss per share was TWD 0.26 compared to TWD 0.43 a year ago.
For the nine months, sales was TWD 487 million compared to TWD 614.84 million a year ago. Net loss was TWD 56.33 million compared to net income of TWD 141.98 million a year ago. Basic loss per share was TWD 0.9 compared to basic earnings per share of TWD 2.28 a year ago. Diluted loss per share was TWD 0.9 compared to diluted earnings per share of TWD 2.26 a year ago.
INVENTEC BESTA Co., LTD. is principally engaged in the manufacture and distribution of computer dictionaries, leaning machines and related digital products. The Companyâs products mainly include game and learning machines, electronic components, integrated circuit (IC) cards, personal digital assistants (PDAs), global positioning system (GPS) products and audio products, among others. The Company is also engaged in the provision of related maintenance, original equipment manufacturer (OEM) and original design manufacturer (ODM) services. The Company operates its business through four segments: Taiwan, Mainland sales, Mainland manufacture and others. The Company distributes its products mainly in Mainland China and Taiwan.