Tainet Communication System Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 44.87 million compared to TWD 22.52 million a year ago. Net income was TWD 53.16 million compared to net loss of TWD 8.03 million a year ago. Basic earnings per share from continuing operations was TWD 1.82 compared to basic loss per share from continuing operations of TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 1.81 compared to diluted loss per share from continuing operations of TWD 0.27 a year ago.
For the nine months, sales was TWD 86.18 million compared to TWD 65.45 million a year ago. Net income was TWD 162.41 million compared to net loss of TWD 56.55 million a year ago. Basic earnings per share from continuing operations was TWD 5.55 compared to basic loss per share from continuing operations of TWD 1.91 a year ago. Diluted earnings per share from continuing operations was TWD 5.52 compared to diluted loss per share from continuing operations of TWD 1.91 a year ago.