Paragon Technologies Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022
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Paragon Technologies 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 82.71 million compared to TWD 169.11 million a year ago. Net loss was TWD 25.01 million compared to net income of TWD 1.44 million a year ago. Basic loss per share from continuing operations was TWD 0.31 compared to basic earnings per share from continuing operations of TWD 0.02 a year ago. Diluted loss per share from continuing operations was TWD 0.31 compared to diluted earnings per share from continuing operations of TWD 0.02 a year ago.
For the nine months, sales was TWD 374.21 million compared to TWD 577.02 million a year ago. Net loss was TWD 23.86 million compared to net income of TWD 7.12 million a year ago. Basic loss per share from continuing operations was TWD 0.3 compared to basic earnings per share from continuing operations of TWD 0.09 a year ago. Diluted loss per share from continuing operations was TWD 0.3 compared to diluted earnings per share from continuing operations of TWD 0.09 a year ago.
Paragon Technologies Co., Ltd is a Taiwan-based company principally engaged in Electromagnetic Interference (EMI) Shielding surface treatment and rim appearance coating surface treatment. The Company's products and services are applied in the surface processing and coating of mobile phones, personal digital assistants (PDAs), global positioning systems (GPSs), notebook computers, touch panels, liquid crystal displays (LCDs) and automobile spare parts, among others. The Company operates its business through three segments: equipment sales and services, EMI and AP. The Company operates its businesses primarily in Asia.