Avertronics Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 148.88 million compared to TWD 321.08 million a year ago. Net income was TWD 6.29 million compared to TWD 43.62 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 1.12 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to TWD 1.03 a year ago.
For the nine months, sales was TWD 482.41 million compared to TWD 808.26 million a year ago. Net income was TWD 20.21 million compared to TWD 71.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.52 compared to TWD 1.83 a year ago. Diluted earnings per share from continuing operations was TWD 0.5 compared to TWD 1.69 a year ago.