Y-S Electronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 11:36 pm
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Y-S Electronic 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 213.84 million compared to TWD 247.43 million a year ago. Net income was TWD 13.14 million compared to net loss of TWD 7 million a year ago. Basic earnings per share from continuing operations was TWD 0.38 compared to basic loss per share from continuing operations of TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.38 compared to diluted loss per share from continuing operations of TWD 0.2 a year ago.
For the nine months, sales was TWD 639.85 million compared to TWD 641.86 million a year ago. Net income was TWD 24.36 million compared to net loss of TWD 17.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to basic loss per share from continuing operations of TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 0.71 compared to diluted loss per share from continuing operations of TWD 0.5 a year ago.
Y-S ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of signal connectors and other communication products. The Company's main products include signal connectors, signal transmission lines and others. The Company's products are mainly used in computer and peripheral equipment, television (TV), notebook computer, consumer electronics, automotive electronics, medical, industrial computer, military and green energy industries. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.