ATE Energy International Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:39 pm EDT
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ATE Energy International Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was TWD 691.82 million compared to TWD 798.81 million a year ago. Net income was TWD 9.96 million compared to TWD 20.88 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to TWD 0.26 a year ago.
For the six months, revenue was TWD 1,294.9 million compared to TWD 1,530.18 million a year ago. Net income was TWD 16.03 million compared to TWD 58.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to TWD 0.79 a year ago. Diluted earnings per share from continuing operations was TWD 0.18 compared to TWD 0.71 a year ago.
ATE ENERGY INTERNATIONAL CO. LTD. is a Taiwan-based company principally engaged in the energy engineering related businesses. The Company's 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.