Phihong Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 12:36 pm
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Phihong Technology 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 3,803.73 million compared to TWD 3,144.15 million a year ago. Net income was TWD 24.22 million compared to net loss of TWD 15.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.06.
For the nine months, sales was TWD 10,164.81 million compared to TWD 8,510.11 million a year ago. Net income was TWD 13.8 million compared to net loss of TWD 297.85 million a year ago. Basic earnings per share from continuing operations was TWD 0.04 compared to basic loss per share from continuing operations of TWD 0.88 a year ago. Diluted earnings per share from continuing operations was TWD 0.04.
PHIHONG TECHNOLOGY CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacturing and distribution of power supplies. The Companyâs primary products include wall mount adapters, battery chargers, car chargers, direct current (DC) modules, liquid crystal display (LCD) panel adapters, open frame power products, LCD panel inverters and electronic ballasts. Its products are mainly used in mobile phones, personal digital assistants (PDAs), digital cameras and game console fields. The Company mainly distributes its products in Asian, European and American markets.