INternational CArbide Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 09:58 pm
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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.
INTERNATIONAL CARBIDE TECHNOLOGY CO.,LTD. is a Taiwan-based company principally engaged in the research, development, production and sales of environmentally friendly fire safety products. The Company's main products include fire retardant coatings, fire protection materials, flame retardants and others. The Company is also involved in the contracting of fire protection projects. The Company distributes its products in the domestic market and to overseas markets.