Luxe Green Energy Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 05:06 am EST
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Luxe Green Energy Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 237.55 million compared to TWD 87.95 million a year ago. Net loss was TWD 44.1 million compared to net income of TWD 16.59 million a year ago. Basic loss per share from continuing operations was TWD 0.29 compared to basic earnings per share from continuing operations of TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 0.29 compared to diluted earnings per share from continuing operations of TWD 0.11 a year ago.
For the nine months, sales was TWD 531.46 million compared to TWD 202.15 million a year ago. Net income was TWD 86.5 million compared to TWD 37.35 million a year ago. Basic earnings per share from continuing operations was TWD 0.57 compared to TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.57 compared to TWD 0.25 a year ago.
Luxe Green Energy Technology Co Ltd is a Taiwan-based company mainly engaged in the design and construction of electrical engineering, and the design, manufacture, installation, and trade of electrical products. The main product categories include system engineering, distribution panels, transformers, supervisory networks, and electrical engineering equipment. System engineering includes turnkey construction of substations and for wind power and cogeneration, as well as design and construction related to hydropower engineering. Distribution panels include high and low voltage power distribution panels, closed type metal-clad switchgears, and others. Transformers include potential, current, dry-type and others. Supervisory networks mainly engage in the integration of supervisory systems, including remote terminal equipment for computers, software design and programming. The Company also provides equipment repair and maintenance services, and nonwoven products and air purifiers.
LUXE GREEN ENERGY TECHNOLOGY CO., LTD. 
