Everspring Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 04:01 am
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Everspring Industry 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 34 million compared to TWD 39.18 million a year ago. Revenue was TWD 138.72 million compared to TWD 140.86 million a year ago. Net loss was TWD 420.9 million compared to net income of TWD 112.02 million a year ago. Basic loss per share from continuing operations was TWD 2.1889 compared to basic earnings per share from continuing operations of TWD 0.5778 a year ago. Diluted loss per share from continuing operations was TWD 2.1889 compared to diluted earnings per share from continuing operations of TWD 0.5778 a year ago.
For the nine months, sales was TWD 104.25 million compared to TWD 116.78 million a year ago. Revenue was TWD 418.24 million compared to TWD 443 million a year ago. Net loss was TWD 767.34 million compared to net income of TWD 1,357.51 million a year ago. Basic loss per share from continuing operations was TWD 3.9889 compared to basic earnings per share from continuing operations of TWD 7.0444 a year ago. Diluted loss per share from continuing operations was TWD 3.9889 compared to diluted earnings per share from continuing operations of TWD 6.9778 a year ago.
EVERSPRING INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of security products. The Company's major products include sensor system products; household security system products, including wireless burglar alarm hosts, sensors and sirens; surveillance system products and home automation control system products. In addition, the Company provides smart lighting products. The Company distributes its products primarily in Europe and the Americas, as well as domestic market and other regions.