Kuang Hong Arts Management Incorporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 16.67 million compared to TWD 0.043 million a year ago. Revenue was TWD 364.89 million compared to TWD 4.4 million a year ago. Net income was TWD 17.78 million compared to net loss of TWD 7.76 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to basic loss per share from continuing operations of TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to diluted loss per share from continuing operations of TWD 0.26 a year ago.
For the nine months, sales was TWD 41.13 million compared to TWD 14.91 million a year ago. Revenue was TWD 988.75 million compared to TWD 244.42 million a year ago. Net income was TWD 6.55 million compared to net loss of TWD 46.19 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to basic loss per share from continuing operations of TWD 1.54 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to diluted loss per share from continuing operations of TWD 1.54 a year ago.