Ways Technical Corp., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 06:57 pm EST
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Ways Technical Corp., 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 295.68 million compared to TWD 363.81 million a year ago. Net loss was TWD 73.5 million compared to net income of TWD 33.95 million a year ago. Basic loss per share from continuing operations was TWD 0.74 compared to basic earnings per share from continuing operations of TWD 0.34 a year ago. Diluted loss per share from continuing operations was TWD 0.74 compared to diluted earnings per share from continuing operations of TWD 0.34 a year ago.
For the nine months, sales was TWD 948.21 million compared to TWD 899.31 million a year ago. Net loss was TWD 176.3 million compared to TWD 116.48 million a year ago. Basic loss per share from continuing operations was TWD 1.77 compared to TWD 1.18 a year ago. Diluted loss per share from continuing operations was TWD 1.77 compared to TWD 1.18 a year ago.
WAYS TECHNICAL CORP., LTD. is principally engaged in the processing and assembly of Computer, Communication and Consumer Electronics (3C) products. The Company is also engaged in the manufacture and sale of coating and the sales of goods and components. The Companyâs surface treatment services are mainly applied to mobile phones, smart phones, personal digital assistants (PDAs), PDA phones and global positioning systems (GPSs), among others. It provides different methods of surface treatment, including electroplating, sputtering, coating and printing. The Company operates its business mainly in Taiwan and Mainland China.