First Hi-tec Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 04:07 pm EST
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First Hi-tec Enterprise 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 777.7 million compared to TWD 914.45 million a year ago. Revenue was TWD 777.7 million compared to TWD 914.45 million a year ago. Net income was TWD 95.89 million compared to TWD 99.17 million a year ago. Basic earnings per share from continuing operations was TWD 1.03 compared to TWD 1.12 a year ago. Diluted earnings per share from continuing operations was TWD 1.02 compared to TWD 1.12 a year ago.
For the nine months, sales was TWD 2,324.72 million compared to TWD 2,555.21 million a year ago. Revenue was TWD 2,324.72 million compared to TWD 2,555.21 million a year ago. Net income was TWD 297.92 million compared to TWD 311.71 million a year ago. Basic earnings per share from continuing operations was TWD 3.2 compared to TWD 3.59 a year ago. Diluted earnings per share from continuing operations was TWD 3.17 compared to TWD 3.57 a year ago.
First Hi-tec Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of multi-layer printed circuit boards (PCBs). The Company also provides single-layer and double layer PCBs. The Company's products are mainly applied in satellite navigation systems, personal computers (PCs), computer peripherals, computer components, communication equipment, medical equipment, power supplies, industrial equipment and others. The Company distributes its products within the domestic market and to overseas markets.