Tainergy Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:49 am EST
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Tainergy Tech 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 649.21 million compared to TWD 610.43 million a year ago. Net income was TWD 98.63 million compared to TWD 24.1 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to TWD 0.11 a year ago.
For the nine months, sales was TWD 1,990.6 million compared to TWD 1,504.69 million a year ago. Net income was TWD 211.44 million compared to net loss of TWD 63.82 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to basic loss per share from continuing operations of TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to diluted loss per share from continuing operations of TWD 0.28 a year ago.
Tainergy Tech Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of solar cells and solar modules. The Company's products include six-inch multi-crystalline silicon solar cells and six-inch mono-crystalline silicon solar cells. Its products are primarily applied in watches, mini-size computers, battery chargers, solar electrical bicycles, power generations and others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia and Europe.
TAINERGY TECH CO., LTD. 
