Andes Technology Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 247.58 million compared to TWD 271.14 million a year ago. Net income was TWD 104.06 million compared to TWD 292.46 million a year ago. Basic earnings per share from continuing operations was TWD 2.05 compared to TWD 5.77 a year ago. Diluted earnings per share from continuing operations was TWD 2.05 compared to TWD 5.77 a year ago.
For the nine months, sales was TWD 651.83 million compared to TWD 622.3 million a year ago. Net income was TWD 7.54 million compared to TWD 488.78 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to TWD 9.65 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to TWD 9.64 a year ago.