Cincon Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:17 am EST
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Cincon Electronics 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 462.42 million compared to TWD 323.6 million a year ago. Net income was TWD 76.91 million compared to TWD 34.21 million a year ago. Basic earnings per share from continuing operations was TWD 1.6 compared to TWD 0.71 a year ago. Diluted earnings per share from continuing operations was TWD 1.6 compared to TWD 0.71 a year ago.
For the nine months, sales was TWD 1,269.44 million compared to TWD 848.25 million a year ago. Net income was TWD 169.79 million compared to TWD 71.22 million a year ago. Basic earnings per share from continuing operations was TWD 3.53 compared to TWD 1.48 a year ago. Diluted earnings per share from continuing operations was TWD 3.52 compared to TWD 1.48 a year ago.
Cincon Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies. The Company's products include battery chargers, mobile phone battery converters, switched power supplies, linear power supplies, direct current (DC) converters and alternating current (AC) converters, among others. The Company's products are applied in information and communication products, consumer electronics, medical apparatus, and industrial electronic equipment, as well as military and aircraft industries. The Company distributes its products within Taiwan and China Mainland markets.
CINCON ELECTRONICS CO., LTD. 
