Promate Electronic Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Promate Electronic 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 8,418.72 million compared to TWD 7,361.58 million a year ago. Revenue was TWD 8,418.72 million compared to TWD 7,361.58 million a year ago. Net income was TWD 242.33 million compared to TWD 131.63 million a year ago. Basic earnings per share from continuing operations was TWD 1.29 compared to TWD 0.74 a year ago. Diluted earnings per share from continuing operations was TWD 1.14 compared to TWD 0.64 a year ago.
For the nine months, sales was TWD 24,261.23 million compared to TWD 19,567.71 million a year ago. Revenue was TWD 24,261.23 million compared to TWD 19,567.71 million a year ago. Net income was TWD 645.12 million compared to TWD 434.27 million a year ago. Basic earnings per share from continuing operations was TWD 3.53 compared to TWD 2.43 a year ago. Diluted earnings per share from continuing operations was TWD 3.04 compared to TWD 2.27 a year ago.
PROMATE ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the agency distribution of electronic components, as well as the development and sales of panel modules. The Company's main products include application-specific liquid crystal panels and related products, linear and distributed components, application chips, image processing integrated circuits, microcomputer controllers, light emitting diodes (LEDs) and memory devices. The Company distributes its products in Asia, the Americas and Europe markets.