Prosperity Dielectrics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 05:27 pm EST
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Prosperity Dielectrics Co., 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 874.63 million compared to TWD 1,580.78 million a year ago. Net income was TWD 120.52 million compared to TWD 408.45 million a year ago. Basic earnings per share from continuing operations was TWD 0.7 compared to TWD 2.36 a year ago. Diluted earnings per share from continuing operations was TWD 0.7 compared to TWD 2.35 a year ago.
For the nine months, sales was TWD 3,320.5 million compared to TWD 4,669.86 million a year ago. Net income was TWD 501.2 million compared to TWD 898.27 million a year ago. Basic earnings per share from continuing operations was TWD 3.03 compared to TWD 5.2 a year ago. Diluted earnings per share from continuing operations was TWD 3.02 compared to TWD 5.19 a year ago.
PROSPERITY DIELECTRICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of semiconductor components. The Companyâs primary products include ceramic dielectric powders, disc type semi-conductive capacitor elements, multilayer ceramic chip capacitors, chip resistors, diodes and coils. The Companyâs products are mainly used in the manufacturing of circuits and elements for information, communication and consumer electronic products. The Company mainly operates through two business segments: Taiwan segment and the Mainland China segment. The Company mainly distributes its products in domestic markets and to overseas markets, including the rest of Asia, the Americas and Europe.