Channel Well Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:36 pm EST
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Channel Well Technology 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 1,386.79 million compared to TWD 2,426.43 million a year ago. Net income was TWD 193.73 million compared to TWD 230.71 million a year ago. Basic earnings per share from continuing operations was TWD 0.85 compared to TWD 1.01 a year ago. Diluted earnings per share from continuing operations was TWD 0.84 compared to TWD 1.01 a year ago.
For the nine months, sales was TWD 4,737.42 million compared to TWD 7,884.33 million a year ago. Net income was TWD 559.74 million compared to TWD 773.7 million a year ago. Basic earnings per share from continuing operations was TWD 2.46 compared to TWD 3.4 a year ago. Diluted earnings per share from continuing operations was TWD 2.43 compared to TWD 3.36 a year ago.
Channel Well Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture, processing and trading of power supplies. The Companyâs primary products include power supplies for consulting products and industrial devices, external power supplies, personal computer (PC) power, chargers and other power-related downstream products, as well as computers, communication and consumer electronic (3C) related products. Its products are mainly used in computer peripherals, network equipment, communication products, industrial equipment and consumer electronic products, among others. The Company mainly exports its products to Asia, the Americas, Europe and other markets.
CHANNEL WELL TECHNOLOGY CO.,LTD. 
