Asia Vital Components Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 02:24 pm EST
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Asia Vital Components 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 14,882.65 million compared to TWD 11,772.62 million a year ago. Revenue was TWD 14,882.65 million compared to TWD 11,772.62 million a year ago. Net income was TWD 1,239 million compared to TWD 853.97 million a year ago. Basic earnings per share was TWD 3.51 compared to TWD 2.42 a year ago. Diluted earnings per share was TWD 3.49 compared to TWD 2.41 a year ago.
For the nine months, sales was TWD 41,239.54 million compared to TWD 35,120.2 million a year ago. Revenue was TWD 41,239.54 million compared to TWD 35,120.2 million a year ago. Net income was TWD 3,081.02 million compared to TWD 2,189.83 million a year ago. Basic earnings per share was TWD 8.72 compared to TWD 6.2 a year ago. Diluted earnings per share was TWD 8.69 compared to TWD 6.18 a year ago.
Asia Vital Components Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of computer, communications and consumer electronics (3C) products. The Company's main products include central processing unit (CPU) radiators, heat sinks, fans, notebook cooling modules, heat exchangers, graphite, heat pipes and soaking plates, water-cooled boards and computer cases. The Company's products are mainly used in the areas of communications and networking, power and energy, transportation, server, personal computer and smart phone. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.