Giantplus Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 03:52 pm EST
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Giantplus Technology 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 2,571.06 million compared to TWD 2,696.03 million a year ago. Net income was TWD 266.74 million compared to TWD 120.99 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.6 compared to TWD 0.27 a year ago.
For the nine months, sales was TWD 7,766.45 million compared to TWD 7,577.24 million a year ago. Net income was TWD 585.75 million compared to net loss of TWD 50.92 million a year ago. Basic earnings per share from continuing operations was TWD 1.33 compared to basic loss per share from continuing operations of TWD 0.12 a year ago. Diluted earnings per share from continuing operations was TWD 1.32 compared to diluted loss per share from continuing operations of TWD 0.12 a year ago.
Giantplus Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of liquid crystal display (LCD), touch panels, modules and others. The Company's major products include medium-sized and small-sized mono super twisted nematic (STN) LCDs and liquid crystal modules (LCMs), as well as medium-sized and small-sized thin film transistor (TFT) LCDs and LCMs. In addition, the Company provides touch screens. The Company's LCD products are mainly applied to mobile phones, wireless telephones, personal digital assistants (PDAs), digital cameras, digital photo frames, game machines and others. The Company distributes its products mainly in the domestic market and to the overseas markets, including Asia, the Americas, Europe and other areas.