Promise Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022 at 04:35 am EDT
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Promise Technology, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 270.01 million compared to TWD 210.2 million a year ago. Revenue was TWD 270.04 million compared to TWD 213.22 million a year ago. Net income was TWD 9.07 million compared to net loss of TWD 10.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 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 0.1 compared to diluted loss per share from continuing operations of TWD 0.12 a year ago.
Promise Technology, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of storage system equipment. The Company's main products include computer storage devices, high-performance control cards and systems, computer high-performance networks and graphic systems, multimedia software and hardware suites and systems, as well as computer and phone integration technology related products. The Company also provides management, consulting and technology transfer services. The Company distributes its products in domestic market to overseas markets, including the Americas, the rest areas of Asia, Europe and others.