Brightek Optoelectronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 02:47 pm EST
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Brightek Optoelectronic 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 194.03 million compared to TWD 287.99 million a year ago. Net income was TWD 27.44 million compared to TWD 57.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 0.96 a year ago. Diluted earnings per share from continuing operations was TWD 0.4 compared to TWD 0.95 a year ago.
For the nine months, sales was TWD 687.58 million compared to TWD 933.97 million a year ago. Net income was TWD 122.68 million compared to TWD 220.41 million a year ago. Basic earnings per share from continuing operations was TWD 1.82 compared to TWD 3.65 a year ago. Diluted earnings per share from continuing operations was TWD 1.81 compared to TWD 3.63 a year ago.
Brightek Optoelectronic Co., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of light-emitting diode (LED) products. The Company's main products include visible light LEDs and invisible light LEDs. The Company's products are mainly used in computer, communications and consumer electronics (3C) products, automobiles, lighting, indoor and outdoor electronic billboards, traffic signs, panel display components and backlight LEDs. The Company distributes its products mainly in Asia market.