Fu Ta Material Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:59 am
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Fu Ta Material 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 40.62 million compared to TWD 35.08 million a year ago. Net income was TWD 7.05 million compared to net loss of TWD 9.98 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to basic loss per share from continuing operations of TWD 0.22 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to diluted loss per share from continuing operations of TWD 0.22 a year ago.
For the nine months, sales was TWD 131.95 million compared to TWD 101.48 million a year ago. Net income was TWD 4.21 million compared to net loss of TWD 33.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.09 compared to basic loss per share from continuing operations of TWD 0.74 a year ago. Diluted earnings per share from continuing operations was TWD 0.09 compared to diluted loss per share from continuing operations of TWD 0.74 a year ago.
J D Development Co Ltd is a Taiwan-based company that mainly produces and manufactures textile products. The Company operates three business segments. The Textile segment supplies and produces a variety of woven fabrics of different materials. Its product lines include nylon fabrics, polyester fabrics, protective clothing and masks for medical equipment. The Green Energy segment provides parts sales, power station planning, construction and installation, and maintenance for small and medium-sized solar power stations. The Medical Equipment segment develops a variety of epidemic prevention products, such as mask cleaning pads, protective clothing and other series of products.