INternational CArbide Technology 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 122.39 million compared to TWD 163.61 million a year ago. Net income was TWD 18.05 million compared to TWD 28.01 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 0.9273 a year ago. Diluted earnings per share from continuing operations was TWD 0.5909 compared to TWD 0.9182 a year ago.
For the nine months, sales was TWD 339.11 million compared to TWD 397.61 million a year ago. Net income was TWD 47.81 million compared to TWD 46.79 million a year ago. Basic earnings per share from continuing operations was TWD 1.5818 compared to TWD 1.5455 a year ago. Diluted earnings per share from continuing operations was TWD 1.5636 compared to TWD 1.5273 a year ago.