Microtips Technology Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 192.49 million compared to TWD 220.79 million a year ago. Net income was TWD 10.7 million compared to net loss of TWD 7.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to basic loss per share from continuing operations of TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to diluted loss per share from continuing operations of TWD 0.18 a year ago.
For the nine months, sales was TWD 568.26 million compared to TWD 607.05 million a year ago. Net income was TWD 23.68 million compared to net loss of TWD 21.1 million a year ago. Basic earnings per share from continuing operations was TWD 0.55 compared to basic loss per share from continuing operations of TWD 0.49 a year ago. Diluted earnings per share from continuing operations was TWD 0.55 compared to diluted loss per share from continuing operations of TWD 0.49 a year ago.