Max Echo Technology 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 96.19 million compared to TWD 172.73 million a year ago. Net loss was TWD 26.87 million compared to net income of TWD 13.89 million a year ago. Basic loss per share from continuing operations was TWD 0.71 compared to basic earnings per share from continuing operations of TWD 0.36 a year ago. Diluted loss per share from continuing operations was TWD 0.71 compared to diluted earnings per share from continuing operations of TWD 0.36 a year ago.
For the nine months, sales was TWD 352.4 million compared to TWD 537.71 million a year ago. Net loss was TWD 44.53 million compared to net income of TWD 40.79 million a year ago. Basic loss per share from continuing operations was TWD 1.17 compared to basic earnings per share from continuing operations of TWD 1.14 a year ago. Diluted loss per share from continuing operations was TWD 1.17 compared to diluted earnings per share from continuing operations of TWD 1.13 a year ago.