Asia Electronic Material Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 02:38 pm EST
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Asia Electronic Material 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 445.33 million compared to TWD 544.54 million a year ago. Net income was TWD 8.31 million compared to TWD 51.12 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to TWD 0.52 a year ago.
For the nine months, sales was TWD 1,273.47 million compared to TWD 1,463.45 million a year ago. Net income was TWD 41.73 million compared to TWD 134.53 million a year ago. Basic earnings per share from continuing operations was TWD 0.42 compared to TWD 1.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.42 compared to TWD 1.35 a year ago.
Asia Electronic Material Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of electronic materials. The Companyâs products primarily include flexible copper clad laminates, coverlays, stiffeners, bonding sheets, electromagnetic interference shielding films and others. The Company's FCCL products are primarily applied in mobile phones, digital cameras, laptops, liquid crystal display (LCD) monitors, printers and others. The Company distributes its products both in domestic markets and to overseas markets.