Ideal Bike Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,694.96 million compared to TWD 1,244.66 million a year ago. Net income was TWD 156.98 million compared to TWD 49.37 million a year ago. Basic earnings per share from continuing operations was TWD 0.52 compared to TWD 0.16 a year ago. Diluted earnings per share from continuing operations was TWD 0.52 compared to TWD 0.16 a year ago.
For the nine months, sales was TWD 4,124.02 million compared to TWD 3,218.56 million a year ago. Net income was TWD 324.22 million compared to TWD 42.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.08 compared to TWD 0.15 a year ago. Diluted earnings per share from continuing operations was TWD 1.08 compared to TWD 0.15 a year ago.