Penpower Technology LTD. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 37.5 million compared to TWD 32.75 million a year ago. Revenue was TWD 37.5 million compared to TWD 32.75 million a year ago. Net income was TWD 13.77 million compared to net loss of TWD 7.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to basic loss per share from continuing operations of TWD 0.24 a year ago. Diluted earnings per share from continuing operations was TWD 0.43 compared to diluted loss per share from continuing operations of TWD 0.24 a year ago.
For the nine months, sales was TWD 110 million compared to TWD 95.58 million a year ago. Revenue was TWD 110 million compared to TWD 95.58 million a year ago. Net income was TWD 41.79 million compared to TWD 56.48 million a year ago. Basic earnings per share from continuing operations was TWD 1.3 compared to TWD 1.76 a year ago. Diluted earnings per share from continuing operations was TWD 1.29 compared to TWD 1.73 a year ago.