Kuen Chaang Uppertech Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 179.78 million compared to TWD 344.55 million a year ago. Net income was TWD 17.73 million compared to TWD 29.22 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to TWD 0.25 a year ago.
For the nine months, sales was TWD 518.7 million compared to TWD 1,048.51 million a year ago. Net loss was TWD 58.96 million compared to net income of TWD 48.9 million a year ago. Basic loss per share from continuing operations was TWD 0.5 compared to basic earnings per share from continuing operations of TWD 0.41 a year ago. Diluted loss per share from continuing operations was TWD 0.5 compared to diluted earnings per share from continuing operations of TWD 0.41 a year ago.