Phihong Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 07:34 pm EDT
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Phihong Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 3,144.15 million compared to TWD 2,523.81 million a year ago. Net loss was TWD 15.87 million compared to net income of TWD 19.88 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.06 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to diluted earnings per share from continuing operations of TWD 0.06 a year ago.
For the nine months, sales was TWD 8,510.11 million compared to TWD 6,580.16 million a year ago. Net loss was TWD 297.85 million compared to TWD 175.65 million a year ago. Basic loss per share from continuing operations was TWD 0.88 compared to TWD 0.52 a year ago. Diluted loss per share from continuing operations was TWD 0.88 compared to TWD 0.52 a year ago.
PHIHONG TECHNOLOGY CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacturing and distribution of power supplies. The Companyâs primary products include wall mount adapters, battery chargers, car chargers, direct current (DC) modules, liquid crystal display (LCD) panel adapters, open frame power products, LCD panel inverters and electronic ballasts. Its products are mainly used in mobile phones, personal digital assistants (PDAs), digital cameras and game console fields. The Company mainly distributes its products in Asian, European and American markets.