Orient Semiconductor Electronics, Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 27, 2022 at 05:09 pm EDT
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Orient Semiconductor Electronics, Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 3,808.94 million compared to TWD 3,949.81 million a year ago. Net income was TWD 432.84 million compared to TWD 356.09 million a year ago. Basic earnings per share from continuing operations was TWD 0.65 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.58 compared to TWD 0.48 a year ago.
For the nine months, sales was TWD 11,936.06 million compared to TWD 11,887.08 million a year ago. Net income was TWD 1,220.59 million compared to TWD 1,000.44 million a year ago. Basic earnings per share from continuing operations was TWD 1.78 compared to TWD 1.43 a year ago. Diluted earnings per share from continuing operations was TWD 1.63 compared to TWD 1.35 a year ago.
Orient Semiconductor Electronics, Ltd. is a Taiwan-based company principally engaged in the research and development, design, manufacture and sales of integrated circuits (ICs) and electronic products. The Company operates through two business segments. The Electronic Manufacturing Services (EMS) segment includes printed circuit board (PCB) layouts, design for manufacturability (DFM) services, design for testing (DFT) services, prototype integration services, PCB assembly, function and reliability testing services and system integration services, among others. The IC Services segment includes the packaging and testing services of ICs and other semiconductor components. The Company operates businesses in domestic and overseas markets.