Walton Advanced Engineering, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Walton Advanced Engineering, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 2,614.52 million compared to TWD 2,157.94 million a year ago. Revenue was TWD 2,614.52 million compared to TWD 2,157.94 million a year ago. Net income was TWD 267.46 million compared to TWD 17.86 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 0.03 a year ago. Diluted earnings per share was TWD 0.52 compared to TWD 0.03 a year ago.
For the nine months, sales was TWD 7,336.83 million compared to TWD 5,740.73 million a year ago. Revenue was TWD 7,336.83 million compared to TWD 5,740.73 million a year ago. Net income was TWD 312.55 million compared to TWD 29.76 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 0.06 a year ago. Diluted earnings per share was TWD 0.6 compared to TWD 0.06 a year ago.
WALTON ADVANCED ENGINEERING, INC. is a Taiwan-based company principally engaged in the packaging and testing business. The Company mainly provides assembly and testing services. The Company provides thin small-outline package (TSOP) integrated circuits (ICs), ball grid array (BGA) ICs, multi-chip stacking package (MCP), chip scale package (CSP) and trench BGA, flash memory products, micro-secure digital (SD) cards, memory modules, universal serial bus (USB), three dimensional (3D) stack up products and package on package (POP) products, among others. The Company distributes its products within domestic market and to overseas markets.
WALTON ADVANCED ENGINEERING, INC. 
