ATE Energy International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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ATE Energy International Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was TWD 585.69 million compared to TWD 739.92 million a year ago. Net income was TWD 9.4 million compared to TWD 78.4 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to TWD 1.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to TWD 0.85 a year ago.
For the nine months, revenue was TWD 1,880.59 million compared to TWD 2,270.1 million a year ago. Net income was TWD 25.42 million compared to TWD 137.16 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 1.83 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 1.59 a year ago.
ATE ENERGY INTERNATIONAL CO. LTD. is a Taiwan-based company principally engaged in the energy engineering related businesses. The Companyâs principal businesses include the provision of technical services related to construction projects, such as the provision of feasibility studies and overall planning services, the project management, engineering design, engineering procurement, equipment manufacturing, engineering construction, factory testing, maintenance, as well as quality assurance services. The Company is also engaged in the manufacturing and sales of storage equipment. The Company mainly operates its businesses in the Philippines.