Lien Chang Electronic Enterprise Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 09:50 pm
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Lien Chang Electronic Enterprise 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 298.91 million compared to TWD 321.87 million a year ago. Net income was TWD 1.37 million compared to net loss of TWD 20.53 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to basic loss per share from continuing operations of TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to diluted loss per share from continuing operations of TWD 0.18 a year ago.
For the nine months, sales was TWD 819.58 million compared to TWD 1,189.68 million a year ago. Net loss was TWD 4.7 million compared to net income of TWD 134.38 million a year ago. Basic loss per share from continuing operations was TWD 0.04 compared to basic earnings per share from continuing operations of TWD 1.21 a year ago. Diluted loss per share from continuing operations was TWD 0.04 compared to diluted earnings per share from continuing operations of TWD 1.21 a year ago.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power supply products. The Companyâs products consist of linear power supplies, switching power supplies, transformers, direct current (DC) converters and rectifiers, alternating current (AC) adaptors, as well as chargers and uninterruptible power supply (UPS) products, which are applied in communication, computer, consumer electronics, medical, aerospace, industrial and automatic control, and other industries. The Company distributes its products in domestic market and to overseas market, including the rest of Asia, and other overseas markets.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD 
