Froch Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 02:48 am EST
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Froch Enterprise 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 3,164.52 million compared to TWD 4,083.05 million a year ago. Net income was TWD 13.53 million compared to TWD 5.22 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to TWD 0.02 a year ago.
For the nine months, sales was TWD 9,859.86 million compared to TWD 12,997.83 million a year ago. Net income was TWD 61.52 million compared to TWD 716.96 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to TWD 2.56 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to TWD 2.55 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.