Mutto Optronics Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 14.67 million compared to TWD 148.06 million a year ago. Net income was TWD 1.66 million compared to TWD 27.52 million a year ago. Basic earnings per share from continuing operations was TWD 0.04 compared to TWD 0.59 a year ago. Diluted earnings per share from continuing operations was TWD 0.04 compared to TWD 0.59 a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0.59 a year ago. Diluted earnings per share was TWD 0.04 compared to TWD 0.59 a year ago.
For the nine months, sales was TWD 102.11 million compared to TWD 260.12 million a year ago. Net loss was TWD 21.09 million compared to net income of TWD 3.31 million a year ago. Basic loss per share from continuing operations was TWD 0.45 compared to basic earnings per share from continuing operations of TWD 0.07 a year ago. Diluted loss per share from continuing operations was TWD 0.45 compared to diluted earnings per share from continuing operations of TWD 0.07 a year ago. Basic loss per share was TWD 0.45 compared to basic earnings per share of TWD 0.07 a year ago. Diluted loss per share was TWD 0.45 compared to diluted earnings per share of TWD 0.07 a year ago.