Answer Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 01:20 am EST
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Answer Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,547.31 million compared to TWD 1,714.75 million a year ago. Net loss was TWD 10.1 million compared to net income of TWD 52.09 million a year ago. Basic loss per share from continuing operations was TWD 0.15 compared to basic earnings per share from continuing operations of TWD 0.79 a year ago. Diluted loss per share from continuing operations was TWD 0.15 compared to diluted earnings per share from continuing operations of TWD 0.78 a year ago.
For the nine months, sales was TWD 5,137.99 million compared to TWD 4,925.34 million a year ago. Net income was TWD 63.19 million compared to TWD 251.47 million a year ago. Basic earnings per share from continuing operations was TWD 0.95 compared to TWD 3.8 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to TWD 3.73 a year ago.
Answer Technology Co Ltd is a Taiwan-based company principally engaged in the distribution of analog integrated circuits (ICs), mixed-signal ICs, logic ICs and ICs for special applications. The Company's brand agency business covers domestic and overseas brands, such as Analog Devices, Discera, GreenMark, ITE, Parade, TRINAMIC and Xilinx. The Company's products are applied in electronic products, industrial computers, wireless products, card readers, automotive electronics and others. The Company distributes its products within domestic market and to overseas markets.