Promise Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Promise Technology, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 264.62 million compared to TWD 213.17 million a year ago. Revenue was TWD 264.72 million compared to TWD 214.64 million a year ago. Net income was TWD 13.18 million compared to net loss of TWD 7.71 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to basic loss per share from continuing operations of TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to diluted loss per share from continuing operations of TWD 0.08 a year ago. Basic earnings per share was TWD 0.15 compared to basic loss per share of TWD 0.08 a year ago. Diluted earnings per share was TWD 0.15 compared to diluted loss per share of TWD 0.08 a year ago.
For the six months, sales was TWD 534.63 million compared to TWD 423.37 million a year ago. Revenue was TWD 534.76 million compared to TWD 427.86 million a year ago. Net income was TWD 22.25 million compared to net loss of TWD 17.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to basic loss per share from continuing operations of TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to diluted loss per share from continuing operations of TWD 0.2 a year ago. Basic earnings per share was TWD 0.25 compared to basic loss per share of TWD 0.2 a year ago. Diluted earnings per share was TWD 0.25 compared to diluted loss per share of TWD 0.2 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.
PROMISE TECHNOLOGY, INC. 
