CHANG TYPE Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 03:21 pm EST
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CHANG TYPE Industrial 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 749.75 million compared to TWD 795.38 million a year ago. Net income was TWD 73.78 million compared to TWD 97.64 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 1.24 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to TWD 1.24 a year ago.
For the nine months, sales was TWD 2,288.11 million compared to TWD 3,399.77 million a year ago. Net income was TWD 76.61 million compared to TWD 375.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.97 compared to TWD 4.77 a year ago. Diluted earnings per share from continuing operations was TWD 0.97 compared to TWD 4.77 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.