Changs Ascending Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Changs Ascending Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 30.66 million compared to TWD 23.67 million a year ago. Net loss was TWD 21.91 million compared to TWD 29.01 million a year ago. Basic loss per share from continuing operations was TWD 0.37 compared to TWD 0.49 a year ago. Diluted loss per share from continuing operations was TWD 0.37 compared to TWD 0.49 a year ago. Basic loss per share was TWD 0.37 compared to TWD 0.49 a year ago. Diluted loss per share was TWD 0.37 compared to TWD 0.49 a year ago.
For the nine months, sales was TWD 50.1 million compared to TWD 127.52 million a year ago. Net loss was TWD 71.46 million compared to TWD 50.74 million a year ago. Basic loss per share from continuing operations was TWD 1.21 compared to TWD 0.85 a year ago. Diluted loss per share from continuing operations was TWD 1.21 compared to TWD 0.85 a year ago. Basic loss per share was TWD 1.21 compared to TWD 0.85 a year ago. Diluted loss per share was TWD 1.21 compared to TWD 0.85 a year ago.
CHANGS ASCENDING ENTERPRISE CO., LTD. is a Taiwan-based company engaged in the manufacture and distribution of lithium batteries and the related materials. The Company primarily offers lithium iron phosphate oxide cathode materials, uninterruptible power supply (UPS) devices, as well as lithium-iron assembled batteries, among others. In addition, the Company is involved in the provision of battery related technical services, sale of chargers and raw materials, as well as leasing. Its products are applied in the robots, golf cars, solar light emitting diode (LED), power tools, lawn mowers, lighting systems, home appliances and others. The Company distributes its products within the domestic market and to overseas markets, including the rest of Asia.
CHANGS ASCENDING ENTERPRISE CO., LTD. 
