Tainergy Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Tainergy Tech 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 610.43 million compared to TWD 273.41 million a year ago. Revenue was TWD 610.43 million compared to TWD 273.41 million a year ago. Net income was TWD 24.1 million compared to net loss of TWD 144.81 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.72 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to diluted loss per share from continuing operations of TWD 0.72 a year ago. Basic earnings per share was TWD 0.11 compared to basic loss per share of TWD 0.72 a year ago. Diluted earnings per share was TWD 0.11 compared to diluted loss per share of TWD 0.72 a year ago.
For the nine months, sales was TWD 1,504.69 million compared to TWD 1,202.3 million a year ago. Revenue was TWD 1,504.69 million compared to TWD 1,202.3 million a year ago. Net loss was TWD 63.82 million compared to TWD 415.53 million a year ago. Basic loss per share from continuing operations was TWD 0.28 compared to TWD 2.08 a year ago. Diluted loss per share from continuing operations was TWD 0.28 compared to TWD 2.08 a year ago. Basic loss per share was TWD 0.28 compared to TWD 2.08 a year ago. Diluted loss per share was TWD 0.28 compared to TWD 2.08 a year ago.
Tainergy Tech Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of solar cells and solar modules. The Company's products include six-inch multi-crystalline silicon solar cells and six-inch mono-crystalline silicon solar cells. Its products are primarily applied in watches, mini-size computers, battery chargers, solar electrical bicycles, power generations and others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia and Europe.