Excel Cell Electronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 01, 2022
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Excel Cell Electronic 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 536.27 million compared to TWD 593.03 million a year ago. Net income was TWD 46.23 million compared to TWD 21.47 million a year ago. Basic earnings per share from continuing operations was TWD 0.42 compared to TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.42 compared to TWD 0.2 a year ago.
For the nine months, sales was TWD 1,738.36 million compared to TWD 1,587.17 million a year ago. Net income was TWD 168.3 million compared to TWD 140.72 million a year ago. Basic earnings per share from continuing operations was TWD 1.54 compared to TWD 1.29 a year ago. Diluted earnings per share from continuing operations was TWD 1.54 compared to TWD 1.29 a year ago.
EXCEL CELL ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacture and trading of electronic components. The Companyâs primary products include switches, relays, terminal blocks, connectors and pressing parts, such as lead frames. Its products are applied in the manufacture of household electrical appliances, precision instruments, security products, communication products, computer peripheral products, integrated circuits (ICs) and others. The Company distributes its products primarily in Asia, Europe and the Americas.