CHANG TYPE Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 02, 2022
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CHANG TYPE Industrial 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 795.38 million compared to TWD 1,777.97 million a year ago. Net income was TWD 97.64 million compared to TWD 114.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 1.45 a year ago. Diluted earnings per share from continuing operations was TWD 1.24 compared to TWD 1.45 a year ago.
For the nine months, sales was TWD 3,399.77 million compared to TWD 4,463.95 million a year ago. Net income was TWD 375.9 million compared to TWD 206.5 million a year ago. Basic earnings per share from continuing operations was TWD 4.77 compared to TWD 2.62 a year ago. Diluted earnings per share from continuing operations was TWD 4.77 compared to TWD 2.62 a year ago.
Chang Type Industrial Co.,Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power tools. The Company's main products include hand tools, computer machinery, motors, power tools, automatic control systems, electrical testing equipment, woodworking machinery and hardware components. The Company distributes its products mainly to overseas markets.