Advanced Energy Solution Holding Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 28, 2022
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Advanced Energy Solution Holding Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 3,984.93 million compared to TWD 2,741.71 million a year ago. Revenue was TWD 3,984.93 million compared to TWD 2,741.71 million a year ago. Net income was TWD 839.25 million compared to TWD 598.64 million a year ago. Basic earnings per share from continuing operations was TWD 9.83 compared to TWD 7.01 a year ago. Diluted earnings per share from continuing operations was TWD 9.82 compared to TWD 7 a year ago.
For the six months, sales was TWD 7,590.4 million compared to TWD 5,423.93 million a year ago. Revenue was TWD 7,590.4 million compared to TWD 5,423.93 million a year ago. Net income was TWD 1,585.29 million compared to TWD 1,213.29 million a year ago. Basic earnings per share from continuing operations was TWD 18.56 compared to TWD 16 a year ago. Diluted earnings per share from continuing operations was TWD 18.54 compared to TWD 15.91 a year ago.
Advanced Energy Solution Holding Co Ltd is a Taiwan-based company mainly engaged in the research and development, production and sales of lithium battery modules, and provides related after-sales services. The Company's main products are battery modules for indoor and outdoor mobile vehicles, which are used in battery modules for light-weight electric vehicles such as electric bicycles, electric motorcycles, and electric balance vehicles. The products are mainly sold to America, Europe, Asia and other regions.