Froch Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 04:02 am EDT
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Froch Enterprise 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 4,083.05 million compared to TWD 3,957.17 million a year ago. Net income was TWD 5.22 million compared to TWD 364.31 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to TWD 1.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to TWD 1.3 a year ago.
For the nine months, sales was TWD 12,997.83 million compared to TWD 10,691.05 million a year ago. Net income was TWD 716.96 million compared to TWD 767.21 million a year ago. Basic earnings per share from continuing operations was TWD 2.56 compared to TWD 2.73 a year ago. Diluted earnings per share from continuing operations was TWD 2.55 compared to TWD 2.73 a year ago.
Froch Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and trading of stainless steel pipes, steel pipes, copper pipes, aluminum pipes and related products. The Company mainly provides stainless steel pipes, stainless steel coils and carbon steels. The Company distributes its products within Taiwan market and to Europe, the rest of Asia and North America markets.