Jia Wei Lifestyle, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Jia Wei Lifestyle, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,085.82 million compared to TWD 1,135.6 million a year ago. Net income was TWD 95.5 million compared to TWD 40.49 million a year ago. Basic earnings per share was TWD 1.19 compared to TWD 0.53 a year ago. Diluted earnings per share was TWD 1.19 compared to TWD 0.53 a year ago.
For the nine months, sales was TWD 4,250.49 million compared to TWD 3,626.79 million a year ago. Net income was TWD 422.77 million compared to TWD 420.25 million a year ago. Basic earnings per share was TWD 5.26 compared to TWD 5.71 a year ago. Diluted earnings per share was TWD 5.23 compared to TWD 5.7 a year ago.
Jia Wei Lifestyle, Inc., formerly Gamma Optical Co., LTD. is a Taiwan-based company principally engaged in the international trading business of household goods. The Company currently operates in two businesses. The household goods business is mainly engaged in the international trade of catering supplies. The materials are acrylic and melamine. The products include multiple shapes and designs. The optical products business provides diffusion films for thin film transistors (TFT-LCD), reflectors, cymbals, composite films, light guide films, precision mold processing of optical films, and related raw materials for optical films. The Company's products are sold to Taiwan, the rest regions of Asia, and the Americas.