Ace Edulink Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
December 16, 2021
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Ace Edulink Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 272.69 million compared to TWD 283.73 million a year ago. Net income was TWD 48.29 million compared to TWD 31.31 million a year ago. Basic earnings per share from continuing operations was TWD 1.2619 compared to TWD 0.8254 a year ago. Diluted earnings per share from continuing operations was TWD 1.2619 compared to TWD 0.8174 a year ago.
For the nine months, sales was TWD 799.32 million compared to TWD 808.63 million a year ago. Net income was TWD 96.99 million compared to TWD 90.57 million a year ago. Basic earnings per share from continuing operations was TWD 2.5396 compared to TWD 2.3888 a year ago. Diluted earnings per share from continuing operations was TWD 2.5316 compared to TWD 2.365 a year ago.
Ace Edulink Co., Ltd is a Taiwan-based company engaged in the provision of educational resource integration service for physical tutoring and online platform or system-assisted applications. The Company is mainly engaged in the provision of study guidance services for small, medium and high schools, as well as integration of physical tutoring and on-line platform or system-assisted application resources. The Company's development goal is to assist in the innovation and upgrading of cram schools within the system, to implement precise teaching, and to provide students with high-quality tutoring services. The Company operates in two business segments. The Service segment is engaged in the integration of teaching resources. The Tutoring and Education segment is engaged in the class business.
ACE EDULINK CO., LTD. 
