Allied Circuit Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 02:36 pm EST
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Allied Circuit 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 833.41 million compared to TWD 724.13 million a year ago. Net income was TWD 118.48 million compared to TWD 85.13 million a year ago. Basic earnings per share from continuing operations was TWD 2.38 compared to TWD 1.71 a year ago. Diluted earnings per share from continuing operations was TWD 2.35 compared to TWD 1.71 a year ago.
For the nine months, sales was TWD 2,667.38 million compared to TWD 2,063.01 million a year ago. Net income was TWD 484.11 million compared to TWD 253.33 million a year ago. Basic earnings per share from continuing operations was TWD 9.73 compared to TWD 5.09 a year ago. Diluted earnings per share from continuing operations was TWD 9.62 compared to TWD 5.07 a year ago.
Allied Circuit Co Ltd is principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The Company primarily provides multi-layer PCBs and high density interconnect (HDI) boards. The Company's double-sided PCBs are mainly used in terminals, fax machines, computer peripheral equipment, industrial instruments and general communications equipment, among others. Its multi-layer PCBs are mainly applied in computer and related peripherals, consumer electronics, data storage devices, servers, computer workstations, precise testers, communications equipment, industrial control instruments and medical devices, among others. The Company mainly distributes its products to domestic and Asia market.
ALLIED CIRCUIT CO., LTD. 
