Promise Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 04, 2022 at 09:40 am
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Promise Technology, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 202.56 million compared to TWD 262.56 million a year ago. Revenue was TWD 206.32 million compared to TWD 263.06 million a year ago. Net income was TWD 0.58 million compared to TWD 9.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to TWD 0.11 a year ago.
For the nine months, sales was TWD 737.19 million compared to TWD 685.93 million a year ago. Revenue was TWD 741.08 million compared to TWD 690.92 million a year ago. Net income was TWD 22.83 million compared to net loss of TWD 7.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to basic loss per share from continuing operations of TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to diluted loss per share from continuing operations of TWD 0.09 a year ago.
Promise Technology Inc is a Taiwan-based company mainly engaged in provision of solutions for the storage industry. The main products are cloud and information technology (IT) data center solutions, digital multimedia editing, digital security surveillance computer phone integration technology related products, storage solutions for original brand manufacturer (OBM), original design manufacturer (ODM), solution industry. The Company sells its products both domestically and overseas.