Ligitek Electronics Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:54 pm EST
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Ligitek Electronics 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 200.77 million compared to TWD 271.94 million a year ago. Net income was TWD 56.38 million compared to TWD 54.11 million a year ago. Basic earnings per share from continuing operations was TWD 0.51 compared to TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 0.51 compared to TWD 0.5 a year ago.
For the nine months, sales was TWD 632.36 million compared to TWD 846.44 million a year ago. Net income was TWD 117.24 million compared to TWD 142.96 million a year ago. Basic earnings per share from continuing operations was TWD 1.07 compared to TWD 1.31 a year ago. Diluted earnings per share from continuing operations was TWD 1.07 compared to TWD 1.31 a year ago.
Ligitek Electronics Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and sale of light emitting diode (LED) products and integrated circuit (IC) products. The main products include conventional LEDs, super brighter LEDs, white light LEDs, infra-red LEDs, photo pin diodes, photo transistors, seven segment displays, dot matrix displays, backlight displays, LED arrays, indoor and outdoor LED lighting modules, semiconductor lasers, photoelectric sensors, photoelectric system packaging components, solar cell modules and others. The products are applied in computers and peripheral products, information products, breeding industry, monitors, and others. The Company distributes its products in Taiwan, America, Europe, Asia, and other markets.