Jean Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 10:06 pm
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Jean 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 29.78 million compared to TWD 117.84 million a year ago. Net loss was TWD 29.03 million compared to net income of TWD 37.94 million a year ago. Basic loss per share from continuing operations was TWD 0.1186 compared to basic earnings per share from continuing operations of TWD 0.1482 a year ago. Diluted loss per share from continuing operations was TWD 0.1186 compared to diluted earnings per share from continuing operations of TWD 0.1482 a year ago.
For the nine months, sales was TWD 515.54 million compared to TWD 1,258.7 million a year ago. Net income was TWD 68.07 million compared to TWD 400.46 million a year ago. Basic earnings per share from continuing operations was TWD 0.2668 compared to TWD 1.5513 a year ago. Diluted earnings per share from continuing operations was TWD 0.2668 compared to TWD 1.5414 a year ago.
Jean Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and distribution of car monitors. The Companyâs car monitor products mainly include 7-inch, 8-inch, 9-inch and 10.2-inch wide rear-seat headrest, ceiling, back-hanging car audio and video entertainment system, car information display system, car liquid crystal display (LCD) audio navigation host, car camera and driving recorder. The Company is also involved in the trading and leasing of real estate to generate rental income. The company's products are mainly sold to the United States of America (the USA), Europe and Japan. The Company is also engaged in the investment and development businesses through its subsidiaries.