FIT Holding Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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FIT Holding Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 2,297.69 million compared to TWD 1,525.22 million a year ago. Net income was TWD 103.51 million compared to net loss of TWD 11.19 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.42 compared to diluted loss per share from continuing operations of TWD 0.05 a year ago.
For the nine months, sales was TWD 6,259.01 million compared to TWD 4,565.88 million a year ago. Net income was TWD 230.28 million compared to net loss of TWD 168.46 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to basic loss per share from continuing operations of TWD 0.68 a year ago. Diluted earnings per share from continuing operations was TWD 0.93 compared to diluted loss per share from continuing operations of TWD 0.68 a year ago.
FIT Holding Co., Ltd. is a Taiwan-based company mainly engaged in general investment business. Through its investment holding company subsidiaries, the Company also conducts the trading of Apple products and peripherals, the manufacturing and trading of electronic products, the manufacturing and trading of mobile peripheral products, the development and maintenance of renewable energy, and the research, development, manufacture of wired and wireless cloud image scanners and image identification devices, and the provision of labor and processing services, the research, design, development, manufacturing and sales of optical and optical communication components, including optical lens sets, mainly used in smartphones, tablets, game consoles and fiber optic networks product connectors.