Forcecon Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 08:30 pm
Share
Forcecon Technology 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 1,883.47 million compared to TWD 2,103 million a year ago. Net income was TWD 160.59 million compared to TWD 101.18 million a year ago. Basic earnings per share from continuing operations was TWD 2.06 compared to TWD 1.36 a year ago. Diluted earnings per share from continuing operations was TWD 1.92 compared to TWD 1.34 a year ago.
For the nine months, sales was TWD 5,716.9 million compared to TWD 5,374.06 million a year ago. Net income was TWD 445.63 million compared to TWD 241.07 million a year ago. Basic earnings per share from continuing operations was TWD 5.72 compared to TWD 3.25 a year ago. Diluted earnings per share from continuing operations was TWD 5.32 compared to TWD 3.19 a year ago.
Forcecon Tech. Co., Ltd. is principally engaged in the design, manufacture, processing and sales of thermal modules and fans. The Companyâs main products include thermal modules and fans used in laptops, desktop computers and high-end servers. The company is also engaged in the development of thermal modules applied in Light Emitting Diode (LED) lightings, LED car headlights and intelligent mobile phones. The Company distributes its products principally in Asia and Europe.