Teco Image Systems Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Teco Image Systems 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 550.63 million compared to TWD 403.91 million a year ago. Net income was TWD 112.04 million compared to TWD 64.27 million a year ago. Basic earnings per share from continuing operations was TWD 1.42 compared to TWD 0.67 a year ago. Diluted earnings per share from continuing operations was TWD 1.42 compared to TWD 0.67 a year ago.
For the nine months, sales was TWD 1,362.23 million compared to TWD 1,337.55 million a year ago. Net income was TWD 83.59 million compared to TWD 77.19 million a year ago. Basic earnings per share from continuing operations was TWD 1.06 compared to TWD 0.72 a year ago. Diluted earnings per share from continuing operations was TWD 1.06 compared to TWD 0.72 a year ago.
TECO Image Systems Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of digital multi-function printers (MFPs) and digital MFP modules. Its MFPs include multifunctional laser plain paper fax machines, network-based multifunctional laser plain paper fax machines and multifunctional digital copiers. The digital MFP module products include automatic document feeder (ADF) modules, scanning modules, charge coupled device (CCD) modules, contact image sensor (CIS) modules, fax kits, controllers and operation panel modules. The Company mainly distributes its products in Asian market.