Usun Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Usun 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 472.58 million compared to TWD 250.39 million a year ago. Revenue was TWD 469.47 million compared to TWD 220.84 million a year ago. Net income was TWD 107.25 million compared to net loss of TWD 44.95 million a year ago. Basic earnings per share from continuing operations was TWD 1.75 compared to basic loss per share from continuing operations of TWD 0.73 a year ago. Diluted earnings per share from continuing operations was TWD 1.75 compared to diluted loss per share from continuing operations of TWD 0.73 a year ago.
For the nine months, sales was TWD 927.33 million compared to TWD 1,144.33 million a year ago. Revenue was TWD 922.87 million compared to TWD 1,103.36 million a year ago. Net income was TWD 26.27 million compared to TWD 42.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to TWD 0.7 a year ago. Diluted earnings per share from continuing operations was TWD 0.43 compared to TWD 0.7 a year ago.
USUN TECHNOLOGY CO., LTD. is principally engaged in the manufacture and distribution of automatic equipment. The Companyâs products mainly include copper clad laminate (CCL) whole-plant equipment, flat panel display (FPD) automation equipment and printed circuit board (PCB) automation equipment. The Companyâs automatic equipment is applied in the processing and testing of CCLs, FPDs and PCBs. The Company is also engaged in the manufacture and distribution of photoelectric glass, elevators and lift platforms. The Company operates its business through three segments: automation business, optoelectronic business and environmental engineering business.