Advanced Lithium Electrochemistry (Cayman) Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 148.15 million compared to TWD 120.75 million a year ago. Net loss was TWD 166.62 million compared to TWD 126.12 million a year ago. Basic loss per share from continuing operations was TWD 2.27 compared to TWD 1.8 a year ago.
For the nine months, sales was TWD 691.74 million compared to TWD 344.11 million a year ago. Net loss was TWD 402.41 million compared to TWD 313.29 million a year ago. Basic loss per share from continuing operations was TWD 5.65 compared to TWD 4.81 a year ago.