Promate Electronic Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:44 am EST
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Promate Electronic Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 8,363.73 million compared to TWD 5,960.38 million a year ago. Net income was TWD 404.07 million compared to TWD 197.54 million a year ago. Basic earnings per share from continuing operations was TWD 1.9 compared to TWD 0.97 a year ago. Diluted earnings per share from continuing operations was TWD 1.89 compared to TWD 0.93 a year ago.
For the nine months, sales was TWD 22,023.95 million compared to TWD 22,151.28 million a year ago. Net income was TWD 813.11 million compared to TWD 751.09 million a year ago. Basic earnings per share from continuing operations was TWD 3.84 compared to TWD 3.78 a year ago. Diluted earnings per share from continuing operations was TWD 3.79 compared to TWD 3.5 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.