STL Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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STL Technology 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 834.38 million compared to TWD 298.21 million a year ago. Net income was TWD 102.7 million compared to net loss of TWD 22.7 million a year ago. Basic earnings per share from continuing operations was TWD 1.61 compared to basic loss per share from continuing operations of TWD 0.36 a year ago. Diluted earnings per share from continuing operations was TWD 1.59 compared to diluted loss per share from continuing operations of TWD 0.36 a year ago. Basic earnings per share was TWD 1.61 compared to basic loss per share of TWD 0.36 a year ago. Diluted earnings per share was TWD 1.59 compared to diluted loss per share of TWD 0.36 a year ago.
For the nine months, sales was TWD 2,095.41 million compared to TWD 938.22 million a year ago. Net income was TWD 173.83 million compared to net loss of TWD 22.37 million a year ago. Basic earnings per share from continuing operations was TWD 2.72 compared to basic loss per share from continuing operations of TWD 0.37 a year ago. Diluted earnings per share from continuing operations was TWD 2.69 compared to diluted loss per share from continuing operations of TWD 0.37 a year ago. Basic earnings per share was TWD 2.72 compared to basic loss per share of TWD 0.37 a year ago. Diluted earnings per share was TWD 2.69 compared to diluted loss per share of TWD 0.37 a year ago.
STL Technology Co., Ltd. is principally engaged in the manufacture and distribution of lithium battery modules. The Companyâs lithium battery module products are applied to computer, communication and consumer electronics (3C) products, such as notebook computers, tablet computers and modems, as well as handheld machine tools, electric bicycles, electric motorcycles and vehicles, medical equipment and other products. The Company distributes its products in domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.