Chroma ATE Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 30, 2023
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Chroma ATE 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 55 million compared to TWD 86 million a year ago. Revenue was TWD 4,847 million compared to TWD 6,660 million a year ago. Net income was TWD 1,225 million compared to TWD 1,731 million a year ago. Basic earnings per share from continuing operations was TWD 2.91 compared to TWD 4.11 a year ago. Diluted earnings per share from continuing operations was TWD 2.89 compared to TWD 4.07 a year ago.
For the nine months, sales was TWD 162 million compared to TWD 258 million a year ago. Revenue was TWD 13,652 million compared to TWD 15,994 million a year ago. Net income was TWD 3,180 million compared to TWD 4,243 million a year ago. Basic earnings per share from continuing operations was TWD 7.56 compared to TWD 10.09 a year ago. Diluted earnings per share from continuing operations was TWD 7.5 compared to TWD 10.01 a year ago.
Chroma Ate Inc. is a Taiwan-based company principally engaged in the manufacture and sale of precision electronics testing instruments and automatic testing system (ATS) products. The Company mainly provides power and electronic testing solutions, video and color testing solutions, passive component testing solutions, liquid crystal display (LCD)/lighting control module (LCM) testing solutions, semiconductor/integrated circuit (IC) testing solutions, light emitting diode (LED) testing solutions, photovoltaic testing solutions, as well as computer peripherals and others. The Company distributes its products in both domestic and overseas markets.