Test Research, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 02, 2022 at 11:41 pm EDT
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Test Research, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,537.96 million compared to TWD 1,385.3 million a year ago. Net income was TWD 486.46 million compared to TWD 288.51 million a year ago. Basic earnings per share from continuing operations was TWD 2.06 compared to TWD 1.22 a year ago. Diluted earnings per share from continuing operations was TWD 2.06 compared to TWD 1.22 a year ago.
For the nine months, sales was TWD 5,299.04 million compared to TWD 4,285.81 million a year ago. Net income was TWD 1,601.43 million compared to TWD 931.47 million a year ago. Basic earnings per share from continuing operations was TWD 6.78 compared to TWD 3.94 a year ago. Diluted earnings per share from continuing operations was TWD 6.76 compared to TWD 3.94 a year ago.
Test Research, Inc. is a Taiwan-based company principally engaged in the manufacture and distribution of circuit board testing equipment. The Company mainly operates through two business segments. The Circuit Boards Testing Equipment segment is mainly engaged in the manufacturing of circuit board testing equipment. The Semiconductors Testing Equipment segment is engaged in the manufacturing of testing equipment for chips and end products. The Company is also engaged in the provision of labor services. The Company mainly distributes its products in domestic market and overseas markets, including the Peopleâs Republic of China (the PRC), the United States of America (the USA) and other countries and regions.