Sheng Yi Development Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Sheng Yi Development 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 97.32 million compared to TWD 17.32 million a year ago. Net income was TWD 17.62 million compared to TWD 1.4 million a year ago. Basic earnings per share from continuing operations was TWD 0.27 compared to TWD 0.02 a year ago.
For the nine months, sales was TWD 593.68 million compared to TWD 18.4 million a year ago. Net income was TWD 65.14 million compared to net loss of TWD 9.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.99 compared to basic loss per share from continuing operations of TWD 0.15 a year ago.
Sheng Yi Development Co.,Ltd, formerly Signality System Engineering Co., Ltd., is a Taiwan-based company principally engaged in the design, development, manufacture and sales of testing systems, as well as the provision of testing services. The Company is also engaged in the wholesaling of construction materials. The testing services mainly include the testing of reliability and functionality for integrated circuit (IC) products to ensure the yield and establish a comprehensive test results for engineering analysis. The Companyâs primary products include semiconductor burn in system, semiconductor testing equipment and construction materials. The Company mainly operates its businesses in Taiwan.