Golden Long Teng Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022
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Golden Long Teng Development Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was TWD 12.33 million compared to net income of TWD 28.11 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 0.22 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to diluted earnings per share from continuing operations of TWD 0.2 a year ago.
For the nine months, sales was TWD 66 million compared to TWD 1,350.17 million a year ago. Net loss was TWD 16.93 million compared to net income of TWD 200.79 million a year ago. Basic loss per share from continuing operations was TWD 0.13 compared to basic earnings per share from continuing operations of TWD 1.59 a year ago. Diluted loss per share from continuing operations was TWD 0.13 compared to diluted earnings per share from continuing operations of TWD 1.42 a year ago.
Golden Long Teng Development Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of integrated circuits (IC) products. The products of the Company include linear regulators, microprocessor resets, boost direct current to direct current (DC/DC) converters and controllers, chargers and analog switches, among others. Its products are applied in network sector, computers, flat panel displays, portable devices and automotive chargers and control chips of power banks. The Company operates businesses in Asia, America and Europe.