Eastech Holding Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 05, 2021 at 05:38 pm EDT
Share
Eastech Holding Limited reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 2,775.99 million compared to TWD 3,255.47 million a year ago. Revenue was TWD 2,775.99 million compared to TWD 3,255.47 million a year ago. Net income was TWD 118.88 million compared to net loss of TWD 30.91 million a year ago. Basic earnings per share from continuing operations was TWD 1.95 compared to basic loss per share from continuing operations of TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 1.95 compared to diluted loss per share from continuing operations of TWD 0.51 a year ago. Basic earnings per share was TWD 1.95 compared to basic loss per share of TWD 0.51 a year ago. Diluted earnings per share was TWD 1.95 compared to diluted loss per share of TWD 0.51 a year ago.
For the nine months, sales was TWD 7,189.2 million compared to TWD 6,309.82 million a year ago. Revenue was TWD 7,189.2 million compared to TWD 6,309.82 million a year ago. Net income was TWD 8.52 million compared to net loss of TWD 382.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to basic loss per share from continuing operations of TWD 6.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.14 compared to diluted loss per share from continuing operations of TWD 6.27 a year ago. Basic earnings per share was TWD 0.14 compared to basic loss per share of TWD 6.27 a year ago. Diluted earnings per share was TWD 0.14 compared to diluted loss per share of TWD 6.27 a year ago.
Eastech Holding Limited, formerly Eastern Technologies Holding Limited is principally engaged in the research, development, manufacture and distribution of sound systems for consumer and commercial applications. The Company primarily provides sound boxes and accessories, including single loud speakers, wooden boxes, personal computers (PC) speakers, mini speakers, micro speakers, home theaters, sound bars Bluetooth speakers, speaker drivers and others, as well as earphones, including stereo in-ear earphones, headband earphones, earphones for mobile phones, and multimedia earphones for computers, among others. It also provides sound system components such as loudspeaker units, loudspeaker components, plastic components and others.