Gallant Precision Machining Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 05, 2021 at 10:28 pm
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Gallant Precision Machining Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,175.5 million compared to TWD 923.02 million a year ago. Net income was TWD 74.77 million compared to TWD 49.36 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.47 compared to TWD 0.31 a year ago.
For the nine months, sales was TWD 3,701.2 million compared to TWD 2,288.27 million a year ago. Net income was TWD 240.81 million compared to TWD 61.24 million a year ago. Basic earnings per share from continuing operations was TWD 1.51 compared to TWD 0.38 a year ago. Diluted earnings per share from continuing operations was TWD 1.51 compared to TWD 0.38 a year ago.
Gallant Precision Machining Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of display process equipment, semiconductor process equipment and intelligent automation equipment. The Company provides integrated circuit (IC) packaging front-end equipment, IC packaging back-end equipment, as well as thin film transistor (TFT)-LCD, organic light-emitting diode (OLED), three dimensions (3D) displays and touch panel equipment. The Company also provides manufacture and test equipment for solar panels, as well as automation handling systems and others. The Company distributes its products in domestic market and to overseas markets.