Advanced Lithium Electrochemistry (Cayman) 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 120.75 million compared to TWD 67.99 million a year ago. Net loss was TWD 126.12 million compared to TWD 12.97 million a year ago. Basic loss per share from continuing operations was TWD 1.8 compared to TWD 0.22 a year ago.
For the nine months, sales was TWD 344.11 million compared to TWD 175.85 million a year ago. Net loss was TWD 313.29 million compared to TWD 446.64 million a year ago. Basic loss per share from continuing operations was TWD 4.81 compared to TWD 7.44 a year ago.