Aurona Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 09:19 am
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Aurona Industries, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 298.95 million compared to TWD 360.88 million a year ago. Net income was TWD 32.79 million compared to TWD 36.07 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 0.4 compared to TWD 0.46 a year ago.
For the nine months, sales was TWD 830.43 million compared to TWD 1,061.49 million a year ago. Net income was TWD 54.68 million compared to TWD 61.71 million a year ago. Basic earnings per share from continuing operations was TWD 0.68 compared to TWD 0.77 a year ago. Diluted earnings per share from continuing operations was TWD 0.67 compared to TWD 0.76 a year ago.
Aurona Industries Inc is a Taiwan-based company primarily engaged in the manufacture and sales of back-up boards and bakelite plates. The Company also offers wood pulp boards, laminated wood pulp boards, interleaving paper and others. The Company's back-up boards are mainly used in printed circuit board (PCB) drilling process. Its bakelite plates are applied in PCBs, adjustable resistances, pneumatic tools, micro motors, molds, tools, switches, information technology (IT) testing tools and others. The Company distributes its products in Taiwan market, and to the Americas, Europe, the rest of Asia and other markets.